Index: coregrind/m_execontext.c =================================================================== --- coregrind/m_execontext.c (revision 12775) +++ coregrind/m_execontext.c (working copy) @@ -309,7 +309,7 @@ if (first_ip_only) { n_ips = 1; - ips[0] = VG_(get_IP)(tid); + ips[0] = VG_(get_IP)(tid) + first_ip_delta; } else { n_ips = VG_(get_StackTrace)( tid, ips, VG_(clo_backtrace_size), NULL/*array to dump SP values in*/,