diff --git a/w32/subproc/sub_proc.c b/w32/subproc/sub_proc.c
index 3ce7ad3e..a1e4faca 100644
--- a/w32/subproc/sub_proc.c
+++ b/w32/subproc/sub_proc.c
@@ -753,14 +753,15 @@ process_begin(
 
         if (envp) {
                 if (arr2envblk(envp, &envblk, &envsize_needed) == FALSE) {
-                        pproc->last_err = 0;
                         pproc->lerrno = E_NO_MEM;
                         free( command_line );
-                        if (pproc->last_err == ERROR_INVALID_PARAMETER
+                        if ((pproc->last_err == ERROR_INVALID_PARAMETER
+			     || pproc->last_err == ERROR_MORE_DATA)
                             && envsize_needed > 32*1024) {
                                 fprintf (stderr, "CreateProcess failed, probably because environment is too large (%d bytes).\n",
                                          envsize_needed);
                         }
+                        pproc->last_err = 0;
                         return(-1);
                 }
         }