diff --git a/arch/powerpc/kvm/book3s_pr.c b/arch/powerpc/kvm/book3s_pr.c
index b1aff9f83ed0a968a764d6eae279e4132f1ccc3e..0a892be0abcb514e90fdba0b0123f280eaa6baa2 100644
--- a/arch/powerpc/kvm/book3s_pr.c
+++ b/arch/powerpc/kvm/book3s_pr.c
@@ -312,7 +312,12 @@ static void kvmppc_recalc_shadow_msr(struct kvm_vcpu *vcpu)
 	ulong smsr = guest_msr;
 
 	/* Guest MSR values */
+#ifdef CONFIG_PPC_TRANSACTIONAL_MEM
+	smsr &= MSR_FE0 | MSR_FE1 | MSR_SF | MSR_SE | MSR_BE | MSR_LE |
+		MSR_TM | MSR_TS_MASK;
+#else
 	smsr &= MSR_FE0 | MSR_FE1 | MSR_SF | MSR_SE | MSR_BE | MSR_LE;
+#endif
 	/* Process MSR values */
 	smsr |= MSR_ME | MSR_RI | MSR_IR | MSR_DR | MSR_PR | MSR_EE;
 	/* External providers the guest reserved */