diff --git a/modules/m_rehash.c b/modules/m_rehash.c
index d8730d7e..75eaacbc 100644
--- a/modules/m_rehash.c
+++ b/modules/m_rehash.c
@@ -44,6 +44,7 @@
 #include "hash.h"
 #include "cache.h"
 #include "sslproc.h"
+
 static int mo_rehash(struct Client *, struct Client *, int, const char **);
 static int me_rehash(struct Client *, struct Client *, int, const char **);
 
@@ -109,9 +110,6 @@ rehash_motd(struct Client *source_p)
     if (!MyConnect(source_p))
         remote_rehash_oper_p = source_p;
 
-    free_cachefile(user_motd);
-    user_motd = cache_file(MPATH, "ircd.motd", 0);
-    
     if(stat(MPATH, &sb) == 0) {
         local_tm = localtime(&sb.st_mtime);
         
@@ -123,6 +121,8 @@ rehash_motd(struct Client *source_p)
                         local_tm->tm_min);
         }
     }
+    free_cachefile(user_motd);
+    user_motd = cache_file(MPATH, "ircd.motd", 0);
 }
 
 static void