diff --git a/gcc/ChangeLog b/gcc/ChangeLog
index e0ceee86218..165e362f75a 100644
--- a/gcc/ChangeLog
+++ b/gcc/ChangeLog
@@ -1,3 +1,9 @@
+2011-07-01  Richard Guenther  <rguenther@suse.de>
+
+	PR middle-end/49596
+	* cgraph.h (varpool_all_refs_explicit_p): Not analyzed nodes
+	may have unknown refs.
+
 2011-07-01  Kai Tietz  <ktietz@redhat.com>
 
 	* tree-ssa-forwprop.c (simplify_bitwise_binary): Fix typo.
diff --git a/gcc/cgraph.h b/gcc/cgraph.h
index f912af2a393..91339230a16 100644
--- a/gcc/cgraph.h
+++ b/gcc/cgraph.h
@@ -947,7 +947,8 @@ varpool_can_remove_if_no_refs (struct varpool_node *node)
 static inline bool
 varpool_all_refs_explicit_p (struct varpool_node *vnode)
 {
-  return (!vnode->externally_visible
+  return (vnode->analyzed
+	  && !vnode->externally_visible
 	  && !vnode->used_from_other_partition
 	  && !vnode->force_output);
 }