diff --git a/gas/ChangeLog b/gas/ChangeLog
index ed64d28543..f9a03e2f89 100644
--- a/gas/ChangeLog
+++ b/gas/ChangeLog
@@ -1,5 +1,8 @@
 2001-05-25  Alan Modra  <amodra@one.net.au>
 
+	* symbols.c (resolve_symbol_value): Clear sy_resolving before
+	taking exit_dont_set_value.
+
 	* write.c (relax_segment): Don't zap fr_symbol when relaxing.
 
 2000-05-24  Tom Rix <trix@redhat.com>
diff --git a/gas/symbols.c b/gas/symbols.c
index 36407238aa..b8c78d26e0 100644
--- a/gas/symbols.c
+++ b/gas/symbols.c
@@ -949,6 +949,7 @@ resolve_symbol_value (symp)
 		}
 	      final_val = 0;
 	      resolved = symbol_resolved_p (add_symbol);
+	      symp->sy_resolving = 0;
 	      goto exit_dont_set_value;
 	    }
 	  else