diff -uNr binutils-2.15.90.0.1-ORIG/ld/genscripts.sh binutils-2.15.90.0.1/ld/genscripts.sh
--- binutils-2.15.90.0.1-ORIG/ld/genscripts.sh	2004-03-04 07:24:34.000000000 +1100
+++ binutils-2.15.90.0.1/ld/genscripts.sh	2004-03-21 17:30:10.000000000 +1100
@@ -103,8 +103,13 @@
     if [ "x${host}" = "x${target}" ] ; then
       NATIVE=yes
       USE_LIBPATH=yes
+      skip_libdir=no
     elif [ "x${use_sysroot}" = "xyes" ] ; then
       USE_LIBPATH=yes
+      skip_libdir=no
+    elif [ "x${LIB_PATH}" != "x" ] ; then
+      USE_LIBPATH=yes
+      skip_libdir=yes
     fi
     ;;
 esac
@@ -125,16 +130,22 @@
 #
 # If the emulparams file set LIBPATH_SUFFIX, prepend an extra copy of
 # the library path with the suffix applied.
-
-if [ "x${LIB_PATH}" = "x" ] && [ "x${USE_LIBPATH}" = xyes ] ; then
+if [ "x${USE_LIBPATH}" = xyes ] ; then
   LIB_PATH2=
+  if [ "x${LIB_PATH}" = "x" ] ; then 
+    libs="${NATIVE_LIB_DIRS}"
+  else
+    libs=`echo ${LIB_PATH} | sed 's/:/ /g'`
+    LIB_PATH=
+  fi
 
-  libs=${NATIVE_LIB_DIRS}
   if [ "x${use_sysroot}" != "xyes" ] ; then
-    case " ${libs} " in
-      *" ${libdir} "*) ;;
-      *) libs="${libdir} ${libs}" ;;
-    esac
+    if [ "x${skip_libdir}" != "xyes" ] ; then
+      case " ${libs} " in
+        *" ${libdir} "*) ;;
+        *) libs="${libdir} ${libs}" ;;
+      esac
+    fi
     case " ${libs} " in
       *" ${tool_lib} "*) ;;
       *) libs="${tool_lib} ${libs}" ;;