diff --git a/src/win/Makefile.mingw b/src/win/Makefile.mingw
index 0ca531268..9524aa123 100644
--- a/src/win/Makefile.mingw
+++ b/src/win/Makefile.mingw
@@ -630,8 +630,6 @@ MCHOBJ		:= machine.o machine_table.o \
 		    m_at_socket8.o m_at_slot1.o m_at_slot2.o m_at_socket370.o \
 			m_at_misc.o
 
-ifeq ($(NEW_KBC), y)
-
 DEVOBJ		:= bugger.o hasp.o hwm.o hwm_lm75.o hwm_lm78.o hwm_gl518sm.o hwm_vt82c686.o \
 			ibm_5161.o isamem.o isartc.o lpt.o pci_bridge.o postcard.o serial.o \
 			vpc2007.o clock_ics9xxx.o isapnp.o \
@@ -643,6 +641,8 @@ DEVOBJ		:= bugger.o hasp.o hwm.o hwm_lm75.o hwm_lm78.o hwm_gl518sm.o hwm_vt82c68
 			mouse_bus.o \
 		    mouse_serial.o mouse_ps2.o \
 			phoenix_486_jumper.o
+ifeq ($(NEW_KBC), y)
+
 else
 DEVOBJ		:= bugger.o hasp.o hwm.o hwm_lm75.o hwm_lm78.o hwm_gl518sm.o hwm_vt82c686.o \
 			ibm_5161.o isamem.o isartc.o lpt.o pci_bridge.o postcard.o serial.o \