diff --git a/bfd/ChangeLog b/bfd/ChangeLog
index cfa7b40606..056c5292e9 100644
--- a/bfd/ChangeLog
+++ b/bfd/ChangeLog
@@ -1,3 +1,8 @@
+Fri Jul 26 17:51:39 1996  Ian Lance Taylor  <ian@cygnus.com>
+
+	* xcofflink.c (xcoff_build_ldsyms): Make exporting an undefined
+	symbol a warning rather than an error.
+
 Wed Jul 24 12:02:53 1996  Ian Lance Taylor  <ian@cygnus.com>
 
 	* elf.c (assign_file_positions_for_segments): Track the virtual
diff --git a/bfd/xcofflink.c b/bfd/xcofflink.c
index 310ccf2b4f..9a52a9c045 100644
--- a/bfd/xcofflink.c
+++ b/bfd/xcofflink.c
@@ -3503,11 +3503,10 @@ xcoff_build_ldsyms (h, p)
       else
 	{
 	  (*_bfd_error_handler)
-	    ("attempt to export undefined symbol `%s'",
+	    ("warning: attempt to export undefined symbol `%s'",
 	     h->root.root.string);
-	  ldinfo->failed = true;
-	  bfd_set_error (bfd_error_invalid_operation);
-	  return false;
+	  h->ldsym = NULL;
+	  return true;
 	}
     }