diff -up bash-3.2/builtins/fc.def.fc bash-3.2/builtins/fc.def
--- bash-3.2/builtins/fc.def.fc	2006-07-28 02:44:09.000000000 +0100
+++ bash-3.2/builtins/fc.def	2008-03-13 17:21:15.000000000 +0000
@@ -290,11 +290,6 @@ fc_builtin (list)
      line was actually added (HISTIGNORE may have caused it to not be),
      so we check hist_last_line_added. */
 
-  /* "When not  listing, he fc command that caused the editing shall not be
-     entered into the history list." */
-  if (listing == 0 && hist_last_line_added)
-    delete_last_history ();
-
   last_hist = i - 1 - hist_last_line_added;
 
   if (list)
@@ -322,6 +317,11 @@ fc_builtin (list)
 	histbeg = histend = last_hist;
     }
 
+  /* "When not  listing, he fc command that caused the editing shall not be
+     entered into the history list." */
+  if (listing == 0 && hist_last_line_added)
+    delete_last_history ();
+
   /* We print error messages for line specifications out of range. */
   if ((histbeg < 0) || (histend < 0))
     {