diff --git a/[refs] b/[refs]
index d3e99a76a52f..189dfa880130 100644
--- a/[refs]
+++ b/[refs]
@@ -1,2 +1,2 @@
 ---
-refs/heads/master: 7998a731664ac4988b349e70669bac11e3b3a3ac
+refs/heads/master: 9b213118fa4b79afe9a2718faca244ac581a96b6
diff --git a/trunk/scripts/Makefile.modinst b/trunk/scripts/Makefile.modinst
index f0ff248f5e6f..efa5d940e632 100644
--- a/trunk/scripts/Makefile.modinst
+++ b/trunk/scripts/Makefile.modinst
@@ -21,7 +21,7 @@ quiet_cmd_modules_install = INSTALL $@
 
 # Modules built outside the kernel source tree go into extra by default
 INSTALL_MOD_DIR ?= extra
-ext-mod-dir = $(INSTALL_MOD_DIR)$(subst $(KBUILD_EXTMOD),,$(@D))
+ext-mod-dir = $(INSTALL_MOD_DIR)$(subst $(patsubst %/,%,$(KBUILD_EXTMOD)),,$(@D))
 
 modinst_dir = $(if $(KBUILD_EXTMOD),$(ext-mod-dir),kernel/$(@D))