diff --git a/7.4.233 b/7.4.233
new file mode 100644
index 0000000..0ae1bca
--- /dev/null
+++ b/7.4.233
@@ -0,0 +1,80 @@
+To: vim_dev@googlegroups.com
+Subject: Patch 7.4.233
+Fcc: outbox
+From: Bram Moolenaar <Bram@moolenaar.net>
+Mime-Version: 1.0
+Content-Type: text/plain; charset=UTF-8
+Content-Transfer-Encoding: 8bit
+------------
+
+Patch 7.4.233
+Problem:    Escaping special characters for using "%" with a shell command is
+	    inconsistant, parenthesis are escaped but spaces are not.
+Solution:   Only escape "!". (Gary Johnson)
+Files:	    src/ex_docmd.c
+
+
+*** ../vim-7.4.232/src/ex_docmd.c	2014-04-01 17:49:40.140891378 +0200
+--- src/ex_docmd.c	2014-04-01 18:26:16.036861171 +0200
+***************
+*** 4580,4604 ****
+  
+  	/* For a shell command a '!' must be escaped. */
+  	if ((eap->usefilter || eap->cmdidx == CMD_bang)
+! 			    && vim_strpbrk(repl, (char_u *)"!&;()<>") != NULL)
+  	{
+  	    char_u	*l;
+  
+! 	    l = vim_strsave_escaped(repl, (char_u *)"!&;()<>");
+  	    if (l != NULL)
+  	    {
+  		vim_free(repl);
+  		repl = l;
+- 		/* For a sh-like shell escape "!" another time. */
+- 		if (strstr((char *)p_sh, "sh") != NULL)
+- 		{
+- 		    l = vim_strsave_escaped(repl, (char_u *)"!");
+- 		    if (l != NULL)
+- 		    {
+- 			vim_free(repl);
+- 			repl = l;
+- 		    }
+- 		}
+  	    }
+  	}
+  
+--- 4580,4594 ----
+  
+  	/* For a shell command a '!' must be escaped. */
+  	if ((eap->usefilter || eap->cmdidx == CMD_bang)
+! 			    && vim_strpbrk(repl, (char_u *)"!") != NULL)
+  	{
+  	    char_u	*l;
+  
+! 	    l = vim_strsave_escaped(repl, (char_u *)"!");
+  	    if (l != NULL)
+  	    {
+  		vim_free(repl);
+  		repl = l;
+  	    }
+  	}
+  
+*** ../vim-7.4.232/src/version.c	2014-04-01 17:49:40.144891378 +0200
+--- src/version.c	2014-04-01 18:54:13.276838100 +0200
+***************
+*** 736,737 ****
+--- 736,739 ----
+  {   /* Add new patch number below this line */
++ /**/
++     233,
+  /**/
+
+-- 
+hundred-and-one symptoms of being an internet addict:
+17. You turn on your intercom when leaving the room so you can hear if new
+    e-mail arrives.
+
+ /// 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    ///