--- Makefile.in
+++ Makefile.in
@@ -13,9 +13,12 @@
 # distribution  cleans and builds a .tgz
 # tags          builds etags file from all .c and .h files
 
+VERSION=$(shell cat VERSION)
+MAJOR_VERSION=$(firstword $(subst ., ,$(VERSION)))
+
 .PHONY: all test build_table_apps
 
-all: libsrtp.a
+all: libsrtp.a libsrtp.so.$(VERSION)
 
 runtest: build_table_apps test
 	@echo "running libsrtp test applications..."
@@ -39,7 +42,7 @@
 CFLAGS	= @CFLAGS@
 LIBS	= @LIBS@
 LDFLAGS	= @LDFLAGS@ -L.
-COMPILE = $(CC) $(DEFS) $(INCDIR) $(CPPFLAGS) $(CFLAGS)
+COMPILE = $(CC) $(DEFS) $(INCDIR) $(CPPFLAGS) $(CFLAGS) -fPIC
 SRTPLIB	= -lsrtp
 
 AR	= $(subst ranlib,ar,@RANLIB@)
@@ -106,6 +109,9 @@
 	$(AR) cr libsrtp.a $^
 	$(RANLIB) libsrtp.a
 
+libsrtp.so.$(VERSION): $(srtpobj) $(cryptobj) $(gdoi)
+	$(CC) $(LDFLAGS) -shared -Wl,-soname,libsrtp.so.$(MAJOR_VERSION) -o libsrtp.so.$(VERSION) $^
+
 # libcryptomath.a contains general-purpose routines that are used to
 # generate tables and verify cryptoalgorithm implementations - this
 # library is not meant to be included in production code
@@ -196,6 +202,11 @@
 	cp $(srcdir)/crypto/include/*.h $(DESTDIR)$(includedir)/srtp
 	if [ "$(srcdir)" != "." ]; then cp crypto/include/*.h $(DESTDIR)$(includedir)/srtp; fi
 	if [ -f libsrtp.a ]; then cp libsrtp.a $(DESTDIR)$(libdir)/; fi
+	if [ -f libsrtp.so.$(VERSION) ]; then \
+		cp libsrtp.so.$(VERSION) $(DESTDIR)$(libdir)/; \
+		ln -sf libsrtp.so.$(VERSION) $(DESTDIR)$(libdir)/libsrtp.so.$(MAJOR_VERSION); \
+		ln -sf libsrtp.so.$(VERSION) $(DESTDIR)$(libdir)/libsrtp.so; \
+	fi
 
 uninstall:
 	rm -f $(DESTDIR)$(includedir)/srtp/*.h
@@ -204,7 +215,7 @@
 
 clean:
 	rm -rf $(cryptobj) $(srtpobj) $(cryptomath) TAGS \
-        libcryptomath.a libsrtp.a core *.core test/core
+        libcryptomath.a libsrtp.a libsrtp.so* core *.core test/core
 	for a in * */* */*/*; do			\
               if [ -f "$$a~" ] ; then rm -f $$a~; fi;	\
         done;