Unable to install on Python 3.3

[Christian Jensen]

Downloading/unpacking python-memcached (from -r /home/christian/documents/projects/rh/requirements.txt (line 35))
  Downloading python-memcached-1.53.tar.gz
  Running setup.py egg_info for package python-memcached
    Traceback (most recent call last):
      File "<string>", line 16, in <module>
      File "/tmp/pip_build_christian/python-memcached/setup.py", line 4, in <module>
        import memcache
      File "./memcache.py", line 410
        except socket.error, msg:
                           ^
    SyntaxError: invalid syntax
    Complete output from command python setup.py egg_info:
    Traceback (most recent call last):

  File "<string>", line 16, in <module>

  File "/tmp/pip_build_christian/python-memcached/setup.py", line 4, in <module>

    import memcache

  File "./memcache.py", line 410

    except socket.error, msg:

                       ^

SyntaxError: invalid syntax

----------------------------------------
Cleaning up...
Command python setup.py egg_info failed with error code 1 in /tmp/pip_build_christian/python-memcached
Storing complete log in /home/christian/.pip/pip.log