diff --git a/DEPS b/DEPS
index 526d39360..9fc18983b 100644
--- a/DEPS
+++ b/DEPS
@@ -12,7 +12,8 @@ vars = {
   # If you do not know, use the full path while defining your new deps entry.
   "googlecode_url": "http://%s.googlecode.com/svn",
   "chromium_trunk" : "http://src.chromium.org/svn/trunk",
-  "chromium_revision": "143348",
+  # r154697 updates yasm to 1.2 with warning fixes.
+  "chromium_revision": "154697",
 }
 
 # NOTE: Prefer revision numbers to tags for svn deps. Use http rather than
diff --git a/README.chromium b/README.chromium
index 791a8a381..f69b95ab4 100644
--- a/README.chromium
+++ b/README.chromium
@@ -1,6 +1,6 @@
 Name: libyuv
 URL: http://code.google.com/p/libyuv/
-Version: 344
+Version: 345
 License: BSD
 License File: LICENSE
 
diff --git a/include/libyuv/version.h b/include/libyuv/version.h
index 847c4542e..f8f57e78f 100644
--- a/include/libyuv/version.h
+++ b/include/libyuv/version.h
@@ -11,6 +11,6 @@
 #ifndef INCLUDE_LIBYUV_VERSION_H_  // NOLINT
 #define INCLUDE_LIBYUV_VERSION_H_
 
-#define LIBYUV_VERSION 344
+#define LIBYUV_VERSION 345
 
 #endif  // INCLUDE_LIBYUV_VERSION_H_  NOLINT