diff --git a/Changelog.md b/Changelog.md
index d36b02b56..7e4606bd0 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -3,6 +3,7 @@
 Features:
 
 Bugfixes:
+ * Code Generator: Provide "new account gas" for low-level ``callcode`` and ``delegatecall``.
 
 ### 0.4.14 (2017-07-31)
 
diff --git a/libsolidity/codegen/ExpressionCompiler.cpp b/libsolidity/codegen/ExpressionCompiler.cpp
index d661e1b16..2c8cfd763 100644
--- a/libsolidity/codegen/ExpressionCompiler.cpp
+++ b/libsolidity/codegen/ExpressionCompiler.cpp
@@ -1712,7 +1712,7 @@ void ExpressionCompiler::appendExternalFunctionCall(
 		u256 gasNeededByCaller = eth::GasCosts::callGas + 10;
 		if (_functionType.valueSet())
 			gasNeededByCaller += eth::GasCosts::callValueTransferGas;
-		if (!isCallCode && !isDelegateCall && !existenceChecked)
+		if (!existenceChecked)
 			gasNeededByCaller += eth::GasCosts::callNewAccountGas; // we never know
 		m_context << gasNeededByCaller << Instruction::GAS << Instruction::SUB;
 	}