diff --git a/lib/Analysis/ConstantFolding.cpp b/lib/Analysis/ConstantFolding.cpp
index 783c32e..7ced848 100644
--- a/lib/Analysis/ConstantFolding.cpp
+++ b/lib/Analysis/ConstantFolding.cpp
@@ -780,14 +780,21 @@
       // all operands are constants.
       if (isa<UndefValue>(Incoming))
         continue;
-      // If the incoming value is not a constant, or is a different constant to
-      // the one we saw previously, then give up.
+      // If the incoming value is not a constant, then give up.
       Constant *C = dyn_cast<Constant>(Incoming);
-      if (!C || (CommonValue && C != CommonValue))
+      if (!C)
+        return 0;
+      // Fold the PHI's operands.
+      if (ConstantExpr *NewC = dyn_cast<ConstantExpr>(C))
+        C = ConstantFoldConstantExpression(NewC, TD, TLI);
+      // If the incoming value is a different constant to
+      // the one we saw previously, then give up.
+      if (CommonValue && C != CommonValue)
         return 0;
       CommonValue = C;
     }
 
+
     // If we reach here, all incoming values are the same constant or undef.
     return CommonValue ? CommonValue : UndefValue::get(PN->getType());
   }
@@ -795,12 +802,18 @@
   // Scan the operand list, checking to see if they are all constants, if so,
   // hand off to ConstantFoldInstOperands.
   SmallVector<Constant*, 8> Ops;
-  for (User::op_iterator i = I->op_begin(), e = I->op_end(); i != e; ++i)
-    if (Constant *Op = dyn_cast<Constant>(*i))
-      Ops.push_back(Op);
-    else
+  for (User::op_iterator i = I->op_begin(), e = I->op_end(); i != e; ++i) {
+    Constant *Op = dyn_cast<Constant>(*i);
+    if (!Op)
       return 0;  // All operands not constant!
 
+    // Fold the Instruction's operands.
+    if (ConstantExpr *NewCE = dyn_cast<ConstantExpr>(Op))
+      Op = ConstantFoldConstantExpression(NewCE, TD, TLI);
+
+    Ops.push_back(Op);
+  }
+
   if (const CmpInst *CI = dyn_cast<CmpInst>(I))
     return ConstantFoldCompareInstOperands(CI->getPredicate(), Ops[0], Ops[1],
                                            TD, TLI);