diff --git a/arch/powerpc/kernel/tm.S b/arch/powerpc/kernel/tm.S
index b7019b559ddb..298afcf3bf2a 100644
--- a/arch/powerpc/kernel/tm.S
+++ b/arch/powerpc/kernel/tm.S
@@ -338,8 +338,6 @@ _GLOBAL(__tm_recheckpoint)
 	 */
 	subi	r7, r7, STACK_FRAME_OVERHEAD
 
-	SET_SCRATCH0(r1)
-
 	mfmsr	r6
 	/* R4 = original MSR to indicate whether thread used FP/Vector etc. */
 
@@ -468,6 +466,7 @@ restore_gprs:
 	 * until we turn MSR RI back on.
 	 */
 
+	SET_SCRATCH0(r1)
 	ld	r5, -8(r1)
 	ld	r1, -16(r1)