diff -u -r1.524.2.76 portage.py
--- pym/portage.py	29 May 2005 12:40:08 -0000	1.524.2.76
+++ pym/portage.py	11 Aug 2005 14:26:18 -0000
@@ -2595,7 +2597,7 @@
 						mysettings["LOG_PF"]=mysettings["PF"]
 						mysettings["LOG_COUNTER"]=str(db[myroot]["vartree"].dbapi.get_counter_tick_core("/"))
 					logfile="%s/%s-%s.log" % (mysettings["PORT_LOGDIR"],mysettings["LOG_COUNTER"],mysettings["LOG_PF"])
-				except ValueError, e:
+				except OSError, e:
 					mysettings["PORT_LOGDIR"]=""
 					print "!!! Unable to chown/chmod PORT_LOGDIR. Disabling logging."
 					print "!!!",e