diff --git a/gcc/ChangeLog b/gcc/ChangeLog
index 90b78756ea9..7e0d918a65f 100644
--- a/gcc/ChangeLog
+++ b/gcc/ChangeLog
@@ -1,3 +1,8 @@
+2012-05-03  Jan Hubicka  <jh@suse.cz>
+
+	PR middle-end/53093
+	* tree-emutls.c (new_emutls_decl): Fix handling of aliases.
+
 2012-05-03  Jan Hubicka  <jh@suse.cz>
 
 	PR middle-end/53106
diff --git a/gcc/tree-emutls.c b/gcc/tree-emutls.c
index 63e4a756e86..bae41ac62e6 100644
--- a/gcc/tree-emutls.c
+++ b/gcc/tree-emutls.c
@@ -338,7 +338,7 @@ new_emutls_decl (tree decl, tree alias_of)
   else 
     varpool_create_variable_alias (to,
 				   varpool_node_for_asm
-				    (DECL_ASSEMBLER_NAME (alias_of))->symbol.decl);
+				    (DECL_ASSEMBLER_NAME (DECL_VALUE_EXPR (alias_of)))->symbol.decl);
   return to;
 }