Index: git-r3.eclass
===================================================================
RCS file: /var/cvsroot/gentoo-x86/eclass/git-r3.eclass,v
retrieving revision 1.14
diff -u -B -r1.14 git-r3.eclass
--- git-r3.eclass	8 Oct 2013 11:19:48 -0000	1.14
+++ git-r3.eclass	9 Oct 2013 14:58:39 -0000
@@ -252,6 +252,11 @@
 		l=${l#submodule.}
 		local subname=${l%%.url=*}
 
+		# skip modules that have 'update = none', bug #487262.
+		local upd=$(echo "${data}" | git config -f /dev/fd/0 \
+			submodule."${subname}".update)
+		[[ ${upd} == none ]] && continue
+
 		submodules+=(
 			"${subname}"
 			"$(echo "${data}" | git config -f /dev/fd/0 \