diff --git a/bfd/ChangeLog b/bfd/ChangeLog
index 04e60a8cf9..73605d7c5b 100644
--- a/bfd/ChangeLog
+++ b/bfd/ChangeLog
@@ -1,3 +1,8 @@
+2014-10-21  Alan Modra  <amodra@gmail.com>
+
+	* elf64-ppc.c (ppc64_elf_tls_optimize): Ignore relocs against toc
+	entries that aren't a multiple of 8 rather than failing assertion.
+
 2014-10-21  Alan Modra  <amodra@gmail.com>
 
 	* elf64-ppc.c (ppc64_elf_size_stubs): Add gcc-4.9 libgomp functions
diff --git a/bfd/elf64-ppc.c b/bfd/elf64-ppc.c
index e3c06eb00b..0b65ab19cb 100644
--- a/bfd/elf64-ppc.c
+++ b/bfd/elf64-ppc.c
@@ -8343,7 +8343,10 @@ ppc64_elf_tls_optimize (struct bfd_link_info *info)
 		      else
 			value = sym->st_value;
 		      value += rel->r_addend;
-		      BFD_ASSERT (value < toc->size && value % 8 == 0);
+		      if (value % 8 != 0)
+			continue;
+		      BFD_ASSERT (value < toc->size
+				  && toc->output_offset % 8 == 0);
 		      toc_ref_index = (value + toc->output_offset) / 8;
 		      if (r_type == R_PPC64_TLS
 			  || r_type == R_PPC64_TLSGD