diff --git a/Makefile-tests.am b/Makefile-tests.am
index 80903071..25b8202f 100644
--- a/Makefile-tests.am
+++ b/Makefile-tests.am
@@ -245,7 +245,7 @@ ALL_LOCAL_RULES += tests/libreaddir-rand.so
 CLEANFILES += tests/libreaddir-rand.so tests/ostree-symlink-stamp tests/ostree
 
 tests/ostree-symlink-stamp: Makefile
-	@real_bin=`cd $(top_builddir) && libtool --mode=execute echo ostree`; \
+	@real_bin=`cd $(top_builddir) && ./libtool --mode=execute echo ostree`; \
 	ln -sf "$${real_bin}" tests/ostree; \
 	touch $@