diff --git a/ports/stm8/README-IAR b/ports/stm8/README-IAR
index bd0629c..95acaf7 100644
--- a/ports/stm8/README-IAR
+++ b/ports/stm8/README-IAR
@@ -127,7 +127,7 @@ with the IAR compiler from:
 Assuming you install the above into C:\Program Files\GNU_MAKE, you
 should set up your environment variables as follows:
 
- * set PATH=%PATH%;C:\Program Files\IAR Systems\Embedded Workbench 6.0\stm8\bin
+ * set PATH=%PATH%;C:\Program Files\GNU_MAKE;C:\Program Files\IAR Systems\Embedded Workbench 6.0\stm8\bin
  * set MAKE_MODE=DOS