diff --git a/utils/lvm2/Makefile b/utils/lvm2/Makefile
index 8d1d80883..9a8b02821 100644
--- a/utils/lvm2/Makefile
+++ b/utils/lvm2/Makefile
@@ -9,13 +9,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=LVM2
-PKG_VERSION:=2.02.181
+PKG_VERSION:=2.03.01
 PKG_RELEASE:=1
 PKG_LICENSE:=GPL-2.0 LGPL-2.1
 
 PKG_SOURCE:=$(PKG_NAME).$(PKG_VERSION).tgz
 PKG_SOURCE_URL:=https://sourceware.org/pub/lvm2
-PKG_HASH:=400fead33b3abc2d82bd631b63f644b646e83040699f2e8f91ff5779119bb89e
+PKG_HASH:=424e58b074195ec08e0315fa1aff2550590998c33aea5c43bdceb8c1d135530b
 PKG_MAINTAINER:=Daniel Golle <daniel@makrotopia.org>
 PKG_BUILD_DIR:=$(BUILD_DIR)/$(PKG_NAME).$(PKG_VERSION)
 
@@ -26,7 +26,7 @@ define Package/libdevmapper
   CATEGORY:=Libraries
   TITLE:=The Linux Kernel Device Mapper userspace library
   URL:=https://sourceware.org/dm/
-  DEPENDS:=+kmod-dm +libpthread +libuuid +librt
+  DEPENDS:=+kmod-dm +libpthread +libuuid +librt +libblkid
 endef
 
 define Package/libdevmapper/description
@@ -40,7 +40,7 @@ define Package/lvm2
   SUBMENU:=Disc
   TITLE:=The Linux Logical Volume Manager
   URL:=https://sourceware.org/lvm2/
-  DEPENDS:=+libdevmapper +libblkid +libreadline +libncurses +libaio
+  DEPENDS:=+libdevmapper +libreadline +libncurses +libaio
 endef
 
 define Package/lvm2/description
diff --git a/utils/lvm2/patches/000-compile.patch b/utils/lvm2/patches/000-compile.patch
index 8807cbb02..111a86e5c 100644
--- a/utils/lvm2/patches/000-compile.patch
+++ b/utils/lvm2/patches/000-compile.patch
@@ -1,6 +1,6 @@
 --- a/make.tmpl.in
 +++ b/make.tmpl.in
-@@ -25,7 +25,7 @@ SHELL = @SHELL@
+@@ -29,7 +29,7 @@ SHELL = @SHELL@
  
  # Allow environment to override any built-in default value for CC.
  # If there is a built-in default, CC is NOT set to @CC@ here.
diff --git a/utils/lvm2/patches/001-include_fix.patch b/utils/lvm2/patches/001-include_fix.patch
index 625fb6c44..c209c0e9a 100644
--- a/utils/lvm2/patches/001-include_fix.patch
+++ b/utils/lvm2/patches/001-include_fix.patch
@@ -1,6 +1,6 @@
 --- a/lib/device/dev-type.c
 +++ b/lib/device/dev-type.c
-@@ -24,7 +24,7 @@
+@@ -25,7 +25,7 @@
  #include <ctype.h>
  
  #ifdef BLKID_WIPING_SUPPORT
diff --git a/utils/lvm2/patches/002-const-stdio.patch b/utils/lvm2/patches/002-const-stdio.patch
index 43036fa1a..d547c5f78 100644
--- a/utils/lvm2/patches/002-const-stdio.patch
+++ b/utils/lvm2/patches/002-const-stdio.patch
@@ -1,6 +1,6 @@
 --- a/lib/commands/toolcontext.c
 +++ b/lib/commands/toolcontext.c
-@@ -1860,7 +1860,7 @@ struct cmd_context *create_toolcontext(unsigned is_clvmd,
+@@ -1649,7 +1649,7 @@ struct cmd_context *create_toolcontext(unsigned is_clvmd,
  	/* FIXME Make this configurable? */
  	reset_lvm_errno(1);
  
@@ -9,7 +9,7 @@
  	/* Set in/out stream buffering before glibc */
  	if (set_buffering
  #ifdef SYS_gettid
-@@ -2254,7 +2254,7 @@ void destroy_toolcontext(struct cmd_context *cmd)
+@@ -2031,7 +2031,7 @@ void destroy_toolcontext(struct cmd_context *cmd)
  	if (cmd->libmem)
  		dm_pool_destroy(cmd->libmem);
  
@@ -20,7 +20,7 @@
  		if (is_valid_fd(STDIN_FILENO) &&
 --- a/tools/lvmcmdline.c
 +++ b/tools/lvmcmdline.c
-@@ -3109,6 +3109,7 @@ int lvm_split(char *str, int *argc, char **argv, int max)
+@@ -3055,6 +3055,7 @@ int lvm_split(char *str, int *argc, char **argv, int max)
  /* Make sure we have always valid filedescriptors 0,1,2 */
  static int _check_standard_fds(void)
  {
@@ -28,7 +28,7 @@
  	int err = is_valid_fd(STDERR_FILENO);
  
  	if (!is_valid_fd(STDIN_FILENO) &&
-@@ -3135,6 +3136,12 @@ static int _check_standard_fds(void)
+@@ -3081,6 +3082,12 @@ static int _check_standard_fds(void)
  		       strerror(errno));
  		return 0;
  	}
diff --git a/utils/lvm2/patches/003-no-mallinfo.patch b/utils/lvm2/patches/003-no-mallinfo.patch
index 8f7f25d1d..5ecc61a36 100644
--- a/utils/lvm2/patches/003-no-mallinfo.patch
+++ b/utils/lvm2/patches/003-no-mallinfo.patch
@@ -29,7 +29,7 @@
  
  		if (area == max_areas && missing > 0) {
  			/* Too bad. Warn the user and proceed, as things are
-@@ -521,8 +527,13 @@ static void _lock_mem(struct cmd_context
+@@ -521,8 +527,13 @@ static void _lock_mem(struct cmd_context *cmd)
  	 * will not block memory locked thread
  	 * Note: assuming _memlock_count_daemon is updated before _memlock_count
  	 */
diff --git a/utils/lvm2/patches/004-device-include-goto-lable-as-well.patch b/utils/lvm2/patches/004-device-include-goto-lable-as-well.patch
index a1fcb7da8..13682bf58 100644
--- a/utils/lvm2/patches/004-device-include-goto-lable-as-well.patch
+++ b/utils/lvm2/patches/004-device-include-goto-lable-as-well.patch
@@ -15,7 +15,7 @@ on standard C libraries without O_DIRECT_SUPPORT.
 
 --- a/lib/device/dev-io.c
 +++ b/lib/device/dev-io.c
-@@ -570,7 +570,7 @@ int dev_open_flags(struct device *dev, i
+@@ -564,7 +564,7 @@ int dev_open_flags(struct device *dev, int flags, int direct, int quiet)
  		return 0;
  	}