diff --git a/Makefile b/Makefile
index a07648c..22f79a0 100644
--- a/Makefile
+++ b/Makefile
@@ -130,7 +130,7 @@
 LIBFDT_objdir = libfdt
 LIBFDT_srcdir = libfdt
 LIBFDT_archive = $(LIBFDT_objdir)/libfdt.a
-LIBFDT_lib = $(LIBFDT_objdir)/libfdt.$(SHAREDLIB_EXT)
+LIBFDT_lib = $(LIBFDT_objdir)/libfdt-$(DTC_VERSION).$(SHAREDLIB_EXT)
 LIBFDT_include = $(addprefix $(LIBFDT_srcdir)/,$(LIBFDT_INCLUDES))
 LIBFDT_version = $(addprefix $(LIBFDT_srcdir)/,$(LIBFDT_VERSION))
 
@@ -162,6 +162,8 @@
 	$(INSTALL) $(BIN) $(SCRIPTS) $(DESTDIR)$(BINDIR)
 	$(INSTALL) -d $(DESTDIR)$(LIBDIR)
 	$(INSTALL) $(LIBFDT_lib) $(DESTDIR)$(LIBDIR)
+	ln -sf $(notdir $(LIBFDT_lib)) $(DESTDIR)$(LIBDIR)/$(LIBFDT_soname)
+	ln -sf $(LIBFDT_soname) $(DESTDIR)$(LIBDIR)/libfdt.$(SHAREDLIB_EXT)
 	$(INSTALL) -m 644 $(LIBFDT_archive) $(DESTDIR)$(LIBDIR)
 	$(INSTALL) -d $(DESTDIR)$(INCLUDEDIR)
 	$(INSTALL) -m 644 $(LIBFDT_include) $(DESTDIR)$(INCLUDEDIR)
@@ -188,7 +190,7 @@
 #
 # Clean rules
 #
-STD_CLEANFILES = *~ *.o *.so *.d *.a *.i *.s core a.out vgcore.* \
+STD_CLEANFILES = *~ *.o *.$(SHAREDLIB_EXT) *.d *.a *.i *.s core a.out vgcore.* \
 	*.tab.[ch] *.lex.c *.output
 
 clean: libfdt_clean tests_clean
@@ -234,8 +236,7 @@
 
 $(LIBFDT_lib):
 	@$(VECHO) LD $@
-	$(CC) $(LDFLAGS) -fPIC $(SHAREDLIB_LINK_OPTIONS)$(notdir $@) -o $(LIBFDT_objdir)/libfdt-$(DTC_VERSION).$(SHAREDLIB_EXT) $^
-	ln -sf libfdt-$(DTC_VERSION).$(SHAREDLIB_EXT) $(LIBFDT_objdir)/libfdt.$(SHAREDLIB_EXT)
+	$(CC) $(LDFLAGS) -fPIC $(SHAREDLIB_LINK_OPTIONS)$(LIBFDT_soname) -o $(LIBFDT_lib) $^
 
 %.lex.c: %.l
 	@$(VECHO) LEX $@
diff --git a/libfdt/Makefile.libfdt b/libfdt/Makefile.libfdt
index 341c803..d55a6f8 100644
--- a/libfdt/Makefile.libfdt
+++ b/libfdt/Makefile.libfdt
@@ -3,6 +3,7 @@
 # This is not a complete Makefile of itself.  Instead, it is designed to
 # be easily embeddable into other systems of Makefiles.
 #
+LIBFDT_soname = libfdt.$(SHAREDLIB_EXT).1
 LIBFDT_INCLUDES = fdt.h libfdt.h
 LIBFDT_VERSION = version.lds
 LIBFDT_SRCS = fdt.c fdt_ro.c fdt_wip.c fdt_sw.c fdt_rw.c fdt_strerror.c