diff --git a/m4/libtool.m4 b/m4/libtool.m4
index cdffdd74..f28436e8 100644
--- a/m4/libtool.m4
+++ b/m4/libtool.m4
@@ -5163,9 +5163,9 @@ _LT_EOF
 	# FIXME: Setting linknames here is a bad hack.
 	_LT_TAGVAR(archive_cmds, $1)='$CC -o $output_objdir/$soname $libobjs $compiler_flags $deplibs -Wl,-dll~linknames='
 	_LT_TAGVAR(archive_expsym_cmds, $1)='if test EXPORTS = "`$SED 1q $export_symbols`"; then
-	    sed -n -e 's/\\\\\\\(.*\\\\\\\)/-link\\\ -EXPORT:\\\\\\\1/' -e '1\\\!p' < $export_symbols > $output_objdir/$soname.exp;
+	    $SED -e 1D -e '\''s/^/-link -EXPORT:/'\'' < $export_symbols > $output_objdir/$soname.exp;
 	  else
-	    sed -e 's/\\\\\\\(.*\\\\\\\)/-link\\\ -EXPORT:\\\\\\\1/' < $export_symbols > $output_objdir/$soname.exp;
+	    $SED -e '\''s/^/-link -EXPORT:/'\'' < $export_symbols > $output_objdir/$soname.exp;
 	  fi~
 	  $CC -o $tool_output_objdir$soname $libobjs $compiler_flags $deplibs "@$tool_output_objdir$soname.exp" -Wl,-DLL,-IMPLIB:"$tool_output_objdir$libname.dll.lib"~
 	  linknames='
@@ -6154,9 +6154,9 @@ if test yes != "$_lt_caught_CXX_error"; then
 	  # FIXME: Setting linknames here is a bad hack.
 	  _LT_TAGVAR(archive_cmds, $1)='$CC -o $output_objdir/$soname $libobjs $compiler_flags $deplibs -Wl,-dll~linknames='
 	  _LT_TAGVAR(archive_expsym_cmds, $1)='if test EXPORTS = "`$SED 1q $export_symbols`"; then
-	      $SED -n -e 's/\\\\\\\(.*\\\\\\\)/-link\\\ -EXPORT:\\\\\\\1/' -e '1\\\!p' < $export_symbols > $output_objdir/$soname.exp;
+	      $SED -e 1D -e '\''s/^/-link -EXPORT:/'\'' < $export_symbols > $output_objdir/$soname.exp;
 	    else
-	      $SED -e 's/\\\\\\\(.*\\\\\\\)/-link\\\ -EXPORT:\\\\\\\1/' < $export_symbols > $output_objdir/$soname.exp;
+	      $SED -e '\''s/^/-link -EXPORT:/'\'' < $export_symbols > $output_objdir/$soname.exp;
 	    fi~
 	    $CC -o $tool_output_objdir$soname $libobjs $compiler_flags $deplibs "@$tool_output_objdir$soname.exp" -Wl,-DLL,-IMPLIB:"$tool_output_objdir$libname.dll.lib"~
 	    linknames='