diff --git a/Misc/NEWS b/Misc/NEWS
index 316f1f5..2cad993 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -83,6 +83,13 @@
   to a newly created list object and add notes that this isn't a good idea.
 
 
+Tools
+-----
+
+- Bug #1546372: Fixed small bugglet in pybench that caused a missing
+  file not to get reported properly.
+
+
 Build
 -----
 
diff --git a/Tools/pybench/pybench.py b/Tools/pybench/pybench.py
index 7d90ba1..242f039 100755
--- a/Tools/pybench/pybench.py
+++ b/Tools/pybench/pybench.py
@@ -885,7 +885,7 @@
                 else:
                     bench.print_benchmark(hidenoise=hidenoise,
                                           limitnames=limitnames)
-            except IOError:
+            except IOError, reason:
                 print '* Error opening/reading file %s: %s' % (
                     repr(show_bench),
                     reason)
@@ -931,8 +931,13 @@
                 bench.name = reportfile
                 pickle.dump(bench,f)
                 f.close()
-            except IOError:
+            except IOError, reason:
                 print '* Error opening/writing reportfile'
+            except IOError, reason:
+                print '* Error opening/writing reportfile %s: %s' % (
+                    reportfile,
+                    reason)
+                print
 
 if __name__ == '__main__':
     PyBenchCmdline()