diff --git a/boost_build_v2.html b/boost_build_v2.html
index 762a50850..f1f77e33a 100644
--- a/boost_build_v2.html
+++ b/boost_build_v2.html
@@ -152,7 +152,7 @@
 
     <ul>
       <li>Set enviromnetal variable <tt>BOOST_BUILD_PATH</tt> to the absolute
-      path to <tt>new</tt> directory in Boost.Build installation.</li>
+      path to <tt>kernel</tt> directory in Boost.Build installation.</li>
 
       <li>
         Create, at the top of your project, a file called
diff --git a/v2/boost_build_v2.html b/v2/boost_build_v2.html
index 762a50850..f1f77e33a 100644
--- a/v2/boost_build_v2.html
+++ b/v2/boost_build_v2.html
@@ -152,7 +152,7 @@
 
     <ul>
       <li>Set enviromnetal variable <tt>BOOST_BUILD_PATH</tt> to the absolute
-      path to <tt>new</tt> directory in Boost.Build installation.</li>
+      path to <tt>kernel</tt> directory in Boost.Build installation.</li>
 
       <li>
         Create, at the top of your project, a file called