diff --git a/ChangeLog b/ChangeLog
index 54d9f425..cb219c3c 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,9 @@
+2005-12-18  Marc Espie  <espie@nerim.net>
+
+	* libltdl/m4/libtool.m4 (AC_LIBTOOL_SYS_DYNAMIC_LINKER)
+	[ openbsd ] <sys_lib_dlsearch_path_spec>: Set to `/usr/lib'
+	only.
+
 2005-12-16  Ralf Wildenhues <Ralf.Wildenhues@gmx.de>
 
 	* tests/old-m4-iface.at: Require Autoconf-2.50, so that
diff --git a/libltdl/m4/libtool.m4 b/libltdl/m4/libtool.m4
index 2aaff044..b5c9e3e0 100644
--- a/libltdl/m4/libtool.m4
+++ b/libltdl/m4/libtool.m4
@@ -2348,6 +2348,7 @@ newsos6)
 
 openbsd*)
   version_type=sunos
+  sys_lib_dlsearch_path_spec="/usr/lib"
   need_lib_prefix=no
   # Some older versions of OpenBSD (3.3 at least) *do* need versioned libs.
   case $host_os in