diff --git a/bash/smake/smake.sh b/bash/smake/smake.sh
index 1d6c4a1..52fa1d1 100755
--- a/bash/smake/smake.sh
+++ b/bash/smake/smake.sh
@@ -35,7 +35,7 @@ sed "s~REP_CC~$REP_CC~ ; s~REP_CXX~$REP_CXX~ ; \
      s~REP_LIBRARIES~$REP_LIBRARIES~ ; s~REP_TARGET~$REP_TARGET~" $ENV_FILE > Makefile
 
 # INCLUDE0, INCLUDE1, INCLUDE2, ...
-REP_INCLUDE=`echo $REP_INCLUDE | sed "s~-I~~g ; s~\\$(HOME)~${HOME}~"`
+REP_INCLUDE=`echo $REP_INCLUDE | sed "s~-I~~g"`
 
 i=1
 for d in $REP_INCLUDE; do
@@ -43,8 +43,15 @@ for d in $REP_INCLUDE; do
 	i=$((i+1))
 done
 
+echo -n "INCLUDE=" >> Makefile
+
+i=1
 for d in $REP_INCLUDE; do
-	echo -n ' $(INCLUDE'$j')' >> Makefile
+	if [ $i != 1 ]; then
+		echo -n ' ' >> Makefile
+	fi
+	echo -n '-I$(INCLUDE'$i')' >> Makefile
+	i=$((i+1))
 done
 echo >> Makefile
 
@@ -58,6 +65,8 @@ echo >> Makefile
 # --- Rules ---
 cat $RULES_FILE >> Makefile
 
+REP_INCLUDE=`echo $REP_INCLUDE | sed "s~-I~~g ; s~\\$(HOME)~${HOME}~"`
+
 all_dep_lst=`grep ^\#include\ \" $REP_TARGET.c | sed 's~[^"]*"\([^"]*\)"~\1~' | sort -u`
 
 while [[ "$all_dep_lst" != "$old_all_dep_lst" ]]; do