diff --git a/arch/powerpc/kernel/time.c b/arch/powerpc/kernel/time.c
index 528e7f84cb67703a5516a4083ca4af4ca5bbb19b..d20907561f46478faaf8efc67cc048a9bf24431c 100644
--- a/arch/powerpc/kernel/time.c
+++ b/arch/powerpc/kernel/time.c
@@ -857,42 +857,50 @@ int do_settimeofday(struct timespec *tv)
 
 EXPORT_SYMBOL(do_settimeofday);
 
-void __init generic_calibrate_decr(void)
+static int __init get_freq(char *name, int cells, unsigned long *val)
 {
 	struct device_node *cpu;
 	unsigned int *fp;
-	int node_found;
+	int found = 0;
 
-	/*
-	 * The cpu node should have a timebase-frequency property
-	 * to tell us the rate at which the decrementer counts.
-	 */
+	/* The cpu node should have timebase and clock frequency properties */
 	cpu = of_find_node_by_type(NULL, "cpu");
 
-	ppc_tb_freq = DEFAULT_TB_FREQ;		/* hardcoded default */
-	node_found = 0;
 	if (cpu) {
-		fp = (unsigned int *)get_property(cpu, "timebase-frequency",
-						  NULL);
+		fp = (unsigned int *)get_property(cpu, name, NULL);
 		if (fp) {
-			node_found = 1;
-			ppc_tb_freq = *fp;
+			found = 1;
+			*val = 0;
+			while (cells--)
+				*val = (*val << 32) | *fp++;
 		}
+
+		of_node_put(cpu);
 	}
-	if (!node_found)
+
+	return found;
+}
+
+void __init generic_calibrate_decr(void)
+{
+	ppc_tb_freq = DEFAULT_TB_FREQ;		/* hardcoded default */
+
+	if (!get_freq("ibm,extended-timebase-frequency", 2, &ppc_tb_freq) &&
+	    !get_freq("timebase-frequency", 1, &ppc_tb_freq)) {
+
 		printk(KERN_ERR "WARNING: Estimating decrementer frequency "
 				"(not found)\n");
+	}
 
-	ppc_proc_freq = DEFAULT_PROC_FREQ;
-	node_found = 0;
-	if (cpu) {
-		fp = (unsigned int *)get_property(cpu, "clock-frequency",
-						  NULL);
-		if (fp) {
-			node_found = 1;
-			ppc_proc_freq = *fp;
-		}
+	ppc_proc_freq = DEFAULT_PROC_FREQ;	/* hardcoded default */
+
+	if (!get_freq("ibm,extended-clock-frequency", 2, &ppc_proc_freq) &&
+	    !get_freq("clock-frequency", 1, &ppc_proc_freq)) {
+
+		printk(KERN_ERR "WARNING: Estimating processor frequency "
+				"(not found)\n");
 	}
+
 #ifdef CONFIG_BOOKE
 	/* Set the time base to zero */
 	mtspr(SPRN_TBWL, 0);
@@ -904,11 +912,6 @@ void __init generic_calibrate_decr(void)
 	/* Enable decrementer interrupt */
 	mtspr(SPRN_TCR, TCR_DIE);
 #endif
-	if (!node_found)
-		printk(KERN_ERR "WARNING: Estimating processor frequency "
-				"(not found)\n");
-
-	of_node_put(cpu);
 }
 
 unsigned long get_boot_time(void)