diff --git a/ChangeLog b/ChangeLog
index 9d0a8b2e1f..f8150f43a2 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,8 @@
+Thu Dec 26 19:22:00 2002  YOSHIDA Kazuhiro <moriq@moriq.com>
+
+	* win32/setup.mak (-prologue-): moved srcdir macro definition.
+	  [ruby-win32:420].
+
 Wed Dec 25 16:41:16 2002  Yukihiro Matsumoto  <matz@ruby-lang.org>
 
 	* regex.c (re_match_exec): fix odd \G behavior based on the patch
diff --git a/win32/setup.mak b/win32/setup.mak
index 1f2c7af8cf..5ae5fcc62c 100644
--- a/win32/setup.mak
+++ b/win32/setup.mak
@@ -36,8 +36,8 @@ COMMENT Makefile for ruby $(OS)
 MAJOR = RUBY_VERSION_MAJOR
 MINOR = RUBY_VERSION_MINOR
 TEENY = RUBY_VERSION_TEENY
+srcdir = $(srcdir:\=/)
 <<
-	@$(APPEND) srcdir = $(srcdir:\=/)
 
 -generic-: nul
 !if defined($(ARCH)) || defined($(CPU))