diff --git a/7.3.727 b/7.3.727
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+To: vim_dev@googlegroups.com
+Subject: Patch 7.3.727
+Fcc: outbox
+From: Bram Moolenaar <Bram@moolenaar.net>
+Mime-Version: 1.0
+Content-Type: text/plain; charset=UTF-8
+Content-Transfer-Encoding: 8bit
+------------
+
+Patch 7.3.727
+Problem:    Can't always find Win32.mak when building GvimExt.
+Solution:   Use same mechanism as in Make_mvc.mak. (Cade Foster)
+Files:	    src/GvimExt/Makefile
+
+
+*** ../vim-7.3.726/src/GvimExt/Makefile	2010-08-15 21:57:29.000000000 +0200
+--- src/GvimExt/Makefile	2012-11-21 19:53:02.000000000 +0100
+***************
+*** 10,16 ****
+  NODEBUG = 1
+  !endif
+  
+! !include <win32.mak>
+  
+  all: gvimext.dll
+  
+--- 10,20 ----
+  NODEBUG = 1
+  !endif
+  
+! !ifdef SDK_INCLUDE_DIR
+! !include $(SDK_INCLUDE_DIR)\Win32.mak
+! !else
+! !include <Win32.mak>
+! !endif
+  
+  all: gvimext.dll
+  
+*** ../vim-7.3.726/src/version.c	2012-11-23 21:45:20.000000000 +0100
+--- src/version.c	2012-11-23 21:46:35.000000000 +0100
+***************
+*** 727,728 ****
+--- 727,730 ----
+  {   /* Add new patch number below this line */
++ /**/
++     727,
+  /**/
+
+-- 
+Time is money.  Especially if you make clocks.
+
+ /// Bram Moolenaar -- Bram@Moolenaar.net -- http://www.Moolenaar.net   \\\
+///        sponsor Vim, vote for features -- http://www.Vim.org/sponsor/ \\\
+\\\  an exciting new programming language -- http://www.Zimbu.org        ///
+ \\\            help me help AIDS victims -- http://ICCF-Holland.org    ///