diff --git a/include/module.h b/include/module.h
index 1081a7f82b7..af743f64f66 100644
--- a/include/module.h
+++ b/include/module.h
@@ -183,7 +183,7 @@ extern void MODULE_DllThreadDetach( LPVOID lpReserved );
 extern WINE_MODREF *MODULE_LoadLibraryExA( LPCSTR libname, HFILE hfile, DWORD flags );
 extern BOOL MODULE_FreeLibrary( WINE_MODREF *wm );
 extern WINE_MODREF *MODULE_FindModule( LPCSTR path );
-extern HMODULE MODULE_CreateDummyModule( const OFSTRUCT *ofs, LPCSTR modName );
+extern HMODULE MODULE_CreateDummyModule( const OFSTRUCT *ofs, LPCSTR modName, WORD version );
 extern FARPROC16 WINAPI WIN32_GetProcAddress16( HMODULE hmodule, LPCSTR name );
 extern SEGPTR WINAPI HasGPHandler16( SEGPTR address );
 extern void MODULE_WalkModref( DWORD id );
diff --git a/include/pe_image.h b/include/pe_image.h
index f213a376598..28323aa32e3 100644
--- a/include/pe_image.h
+++ b/include/pe_image.h
@@ -28,7 +28,7 @@ extern DWORD PE_SizeofResource(HMODULE,HRSRC);
 extern struct _wine_modref *PE_LoadLibraryExA(LPCSTR, DWORD, DWORD *);
 extern void PE_UnloadLibrary(struct _wine_modref *);
 extern HGLOBAL PE_LoadResource(struct _wine_modref *wm,HRSRC);
-extern HMODULE PE_LoadImage( HFILE hFile, OFSTRUCT *ofs, LPCSTR *modName );
+extern HMODULE PE_LoadImage( HFILE hFile, OFSTRUCT *ofs, LPCSTR *modName, WORD *version );
 extern struct _wine_modref *PE_CreateModule( HMODULE hModule, OFSTRUCT *ofs, 
                                              DWORD flags, BOOL builtin );
 extern BOOL PE_CreateProcess( HFILE hFile, OFSTRUCT *ofs, LPCSTR cmd_line, LPCSTR env, 
diff --git a/loader/dos/module.c b/loader/dos/module.c
index df84d265814..12612f3413f 100644
--- a/loader/dos/module.c
+++ b/loader/dos/module.c
@@ -469,7 +469,7 @@ BOOL MZ_CreateProcess( HFILE hFile, OFSTRUCT *ofs, LPCSTR cmdline, LPCSTR env,
 
  if ((!env)&&pdb) env = pdb->env_db->environ;
  if (alloc) {
-  if ((hModule = MODULE_CreateDummyModule(ofs, NULL)) < 32) {
+  if ((hModule = MODULE_CreateDummyModule(ofs, NULL, 0)) < 32) {
    SetLastError(hModule);
    return FALSE;
   }
diff --git a/loader/main.c b/loader/main.c
index 5fa8dbb6a7f..7bf2f2938a0 100644
--- a/loader/main.c
+++ b/loader/main.c
@@ -304,7 +304,7 @@ HINSTANCE MAIN_WinelibInit( int *argc, char *argv[] )
     PROCESS_Current()->exe_modref = wm;
 
     strcpy( ofs.szPathName, wm->modname );
-    if ((hModule = MODULE_CreateDummyModule( &ofs, NULL )) < 32) return 0;
+    if ((hModule = MODULE_CreateDummyModule( &ofs, NULL, 0 )) < 32) return 0;
     pModule = (NE_MODULE *)GlobalLock16( hModule );
     pModule->flags = NE_FFLAGS_WIN32;
     pModule->module32 = wm->module;
diff --git a/loader/module.c b/loader/module.c
index a833ab511cb..2640eec7a3d 100644
--- a/loader/module.c
+++ b/loader/module.c
@@ -333,7 +333,7 @@ BOOL WINAPI DisableThreadLibraryCalls( HMODULE hModule )
  *
  * Create a dummy NE module for Win32 or Winelib.
  */
-HMODULE MODULE_CreateDummyModule( const OFSTRUCT *ofs, LPCSTR modName )
+HMODULE MODULE_CreateDummyModule( const OFSTRUCT *ofs, LPCSTR modName, WORD version )
 {
     HMODULE hModule;
     NE_MODULE *pModule;
@@ -375,7 +375,7 @@ HMODULE MODULE_CreateDummyModule( const OFSTRUCT *ofs, LPCSTR modName )
     pModule->nrname_size      = 0;
     pModule->fileinfo         = sizeof(NE_MODULE);
     pModule->os_flags         = NE_OSFLAGS_WINDOWS;
-    pModule->expected_version = 0x030a;
+    pModule->expected_version = version;
     pModule->self             = hModule;
 
     /* Set loaded file information */
@@ -1470,7 +1470,7 @@ WINE_MODREF *MODULE_LoadLibraryExA( LPCSTR libname, HFILE hfile, DWORD flags )
 			break;
 	}
 
-	ERR_(module)("Failed to load module '%s'; error=0x%08lx, \n", libname, err);
+	WARN_(module)("Failed to load module '%s'; error=0x%08lx, \n", libname, err);
 	SetLastError(err);
 	LeaveCriticalSection(&PROCESS_Current()->crit_section);
 	return NULL;
diff --git a/loader/ne/module.c b/loader/ne/module.c
index daa36347d36..d9f6e942e57 100644
--- a/loader/ne/module.c
+++ b/loader/ne/module.c
@@ -1377,17 +1377,15 @@ WORD WINAPI GetExpWinVer16( HMODULE16 hModule )
     /* 
      * For built-in modules, fake the expected version the module should
      * have according to the Windows version emulated by Wine
-     *
-     * FIXME: Should we really do this for Win32 dummy modules as well?
      */
-    if (    (pModule->flags & NE_FFLAGS_BUILTIN)
-         || (pModule->flags & NE_FFLAGS_WIN32) )
+    if ( !pModule->expected_version )
     {
         OSVERSIONINFOA versionInfo;
         versionInfo.dwOSVersionInfoSize = sizeof(versionInfo);
 
         if ( GetVersionExA( &versionInfo ) )
-            return   (versionInfo.dwMajorVersion & 0xff) << 8
+            pModule->expected_version =   
+                     (versionInfo.dwMajorVersion & 0xff) << 8
                    | (versionInfo.dwMinorVersion & 0xff);
     }
 
diff --git a/loader/pe_image.c b/loader/pe_image.c
index ad2847654e0..65a38623561 100644
--- a/loader/pe_image.c
+++ b/loader/pe_image.c
@@ -459,7 +459,7 @@ static void do_relocations( unsigned int load_addr, IMAGE_BASE_RELOCATION *r )
  * BUT we have to map the whole image anyway, for Win32 programs sometimes
  * want to access them. (HMODULE32 point to the start of it)
  */
-HMODULE PE_LoadImage( HFILE hFile, OFSTRUCT *ofs, LPCSTR *modName )
+HMODULE PE_LoadImage( HFILE hFile, OFSTRUCT *ofs, LPCSTR *modName, WORD *version )
 {
     HMODULE	hModule;
     HANDLE	mapping;
@@ -663,6 +663,10 @@ HMODULE PE_LoadImage( HFILE hFile, OFSTRUCT *ofs, LPCSTR *modName )
     if (dir->Size)
         *modName = (LPCSTR)RVA(((PIMAGE_EXPORT_DIRECTORY)RVA(dir->VirtualAddress))->Name);
 
+    /* Get expected OS / Subsystem version */
+    *version =   ( (nt->OptionalHeader.MajorSubsystemVersion & 0xff) << 8 )
+               |   (nt->OptionalHeader.MinorSubsystemVersion & 0xff);
+
     /* We don't need the orignal mapping any more */
     UnmapViewOfFile( (LPVOID)hModule );
     return (HMODULE)load_addr;
@@ -882,6 +886,7 @@ WINE_MODREF *PE_LoadLibraryExA (LPCSTR name, DWORD flags, DWORD *err)
 	WINE_MODREF	*wm;
 	char        	dllname[256], *p;
 	HFILE		hFile;
+	WORD		version = 0;
 
 	/* Append .DLL to name if no extension present */
 	strcpy( dllname, name );
@@ -892,7 +897,7 @@ WINE_MODREF *PE_LoadLibraryExA (LPCSTR name, DWORD flags, DWORD *err)
 	hFile = OpenFile( dllname, &ofs, OF_READ | OF_SHARE_DENY_WRITE );
 	if ( hFile != HFILE_ERROR )
 	{
-		hModule32 = PE_LoadImage( hFile, &ofs, &modName );
+		hModule32 = PE_LoadImage( hFile, &ofs, &modName, &version );
 		CloseHandle( hFile );
 		if(!hModule32)
 		{
@@ -907,7 +912,7 @@ WINE_MODREF *PE_LoadLibraryExA (LPCSTR name, DWORD flags, DWORD *err)
 	}
 
 	/* Create 16-bit dummy module */
-	if ((hModule16 = MODULE_CreateDummyModule( &ofs, modName )) < 32)
+	if ((hModule16 = MODULE_CreateDummyModule( &ofs, modName, version )) < 32)
 	{
 		*err = (DWORD)hModule16;	/* This should give the correct error */
 		return NULL;
@@ -954,12 +959,13 @@ BOOL PE_CreateProcess( HFILE hFile, OFSTRUCT *ofs, LPCSTR cmd_line, LPCSTR env,
                        LPPROCESS_INFORMATION info )
 {
     LPCSTR modName = NULL;
+    WORD version = 0;
     HMODULE16 hModule16;
     HMODULE hModule32;
     NE_MODULE *pModule;
 
     /* Load file */
-    if ( (hModule32 = PE_LoadImage( hFile, ofs, &modName )) < 32 )
+    if ( (hModule32 = PE_LoadImage( hFile, ofs, &modName, &version )) < 32 )
     {
         SetLastError( hModule32 );
         return FALSE;
@@ -973,7 +979,7 @@ BOOL PE_CreateProcess( HFILE hFile, OFSTRUCT *ofs, LPCSTR cmd_line, LPCSTR env,
 #endif
 
     /* Create 16-bit dummy module */
-    if ( (hModule16 = MODULE_CreateDummyModule( ofs, modName )) < 32 ) 
+    if ( (hModule16 = MODULE_CreateDummyModule( ofs, modName, version )) < 32 ) 
     {
         SetLastError( hModule16 );
         return FALSE;
diff --git a/relay32/builtin32.c b/relay32/builtin32.c
index 2d52b5c7a5b..6f769789d15 100644
--- a/relay32/builtin32.c
+++ b/relay32/builtin32.c
@@ -487,7 +487,7 @@ WINE_MODREF *BUILTIN32_LoadLibraryExA(LPCSTR path, DWORD flags, DWORD *err)
 	}
 
 	/* Create 16-bit dummy module */
-	if ((hModule16 = MODULE_CreateDummyModule( &ofs, modName )) < 32)
+	if ((hModule16 = MODULE_CreateDummyModule( &ofs, modName, 0 )) < 32)
 	{
 		*err = (DWORD)hModule16;
 		return NULL;	/* FIXME: Should unload the builtin module */
diff --git a/tools/build.c b/tools/build.c
index 6e0206a3709..1e375a55dee 100644
--- a/tools/build.c
+++ b/tools/build.c
@@ -873,7 +873,7 @@ static int BuildModule16( FILE *outfile, int max_code_offset,
     pModule->dlls_to_init  = 0;
     pModule->nrname_handle = 0;
     pModule->min_swap_area = 0;
-    pModule->expected_version = 0x030a;
+    pModule->expected_version = 0;
     pModule->module32 = 0;
     pModule->self = 0;
     pModule->self_loading_sel = 0;