diff --git a/builder/Makefile.am b/builder/Makefile.am
index 09ae4ae3c..e64c8991f 100644
--- a/builder/Makefile.am
+++ b/builder/Makefile.am
@@ -311,7 +311,7 @@ depend: .depend
 
 .depend: $(wildcard $(abs_srcdir)/*.mli) $(wildcard $(abs_srcdir)/*.ml)
 	rm -f $@ $@-t
-	$(OCAMLFIND) ocamldep -I ../ocaml -I $(abs_srcdir) -I $(abs_top_builddir)/mlstdutils -I $(abs_top_builddir)/mlutils -I $(abs_top_builddir)/mllib -I $(abs_top_builddir)/customize $^ | \
+	$(OCAMLFIND) ocamldep -I ../ocaml -I $(abs_srcdir) -I $(abs_top_builddir)/common/mlstdutils -I $(abs_top_builddir)/common/mlutils -I $(abs_top_builddir)/mllib -I $(abs_top_builddir)/customize $^ | \
 	  $(SED) 's/ *$$//' | \
 	  $(SED) -e :a -e '/ *\\$$/N; s/ *\\\n */ /; ta' | \
 	  $(SED) -e 's,$(abs_srcdir)/,$(builddir)/,g' | \