diff --git a/target-ppc/translate.c b/target-ppc/translate.c
index 94989b2abddaee4175cb0256fb673a9ef1660f9d..43505a936c14688c0604c692118982a3e05f6015 100644
--- a/target-ppc/translate.c
+++ b/target-ppc/translate.c
@@ -322,7 +322,7 @@ static void gen_debug_exception(DisasContext *ctx)
      */
     if ((ctx->exception != POWERPC_EXCP_BRANCH) &&
         (ctx->exception != POWERPC_EXCP_SYNC)) {
-        gen_update_nip(ctx, ctx->nip - 4);
+        gen_update_nip(ctx, ctx->nip);
     }
     t0 = tcg_const_i32(EXCP_DEBUG);
     gen_helper_raise_exception(cpu_env, t0);