diff --git a/README-1ST b/README-1ST
index 337bf7f2..84fc753f 100644
--- a/README-1ST
+++ b/README-1ST
@@ -20,7 +20,7 @@ you, you simply need to create it):
     $ ./acprep opt make
     $ ./acprep debug make
 
-Now install the optimized version, but know that you have 'build/debug/ledger'
+Now install the optimized version, but know that you have 'build/ledger/debug'
 available for testing and more useful bug reports.
 
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