diff --git a/ChangeLog b/ChangeLog
index 1ce7fce0e..009d52f08 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,7 @@
+2011-12-15  Vladimir Serbinenko  <phcoder@gmail.com>
+
+	* grub-core/loader/multiboot.c (grub_cmd_module): Fix target address.
+
 2011-12-15  Vladimir Serbinenko  <phcoder@gmail.com>
 
 	Replace UINT_TO_PTR and PTR_TO_UINT with explicit grub_addr_t casts.
diff --git a/grub-core/loader/multiboot.c b/grub-core/loader/multiboot.c
index 2de8e0909..f76123e67 100644
--- a/grub-core/loader/multiboot.c
+++ b/grub-core/loader/multiboot.c
@@ -309,7 +309,7 @@ grub_cmd_module (grub_command_t cmd __attribute__ ((unused)),
 	return err;
       }
     module = get_virtual_current_address (ch);
-    target = (grub_addr_t) get_virtual_current_address (ch);
+    target = get_physical_target_address (ch);
   }
 
   err = grub_multiboot_add_module (target, size, argc - 1, argv + 1);