diff --git a/builtins/wait.def b/builtins/wait.def

--- a/builtins/wait.def

+++ b/builtins/wait.def

@@ -213,11 +213,11 @@ wait_builtin (list)

 	}

       status = wait_for_any_job (wflags, &pstat);

-      if (status < 0)

-	status = 127;

-

       if (vname && status >= 0)

 	bind_var_to_int (vname, pstat.pid);

+

+      if (status < 0)

+	status = 127;

       if (list)

 	unset_waitlist ();

       WAIT_RETURN (status);

diff --git a/patchlevel.h b/patchlevel.h

--- a/patchlevel.h

+++ b/patchlevel.h

@@ -25,6 +25,6 @@

    regexp `^#define[ 	]*PATCHLEVEL', since that's what support/mkversion.sh

    looks for to find the patch level (for the sccs version string). */

-#define PATCHLEVEL 1

+#define PATCHLEVEL 2

 #endif /* _PATCHLEVEL_H_ */