diff --git a/assemble.c b/assemble.c
index 2708984..2a1569f 100644
--- a/assemble.c
+++ b/assemble.c
@@ -1122,11 +1122,10 @@ static int assemble(
                 case P_ASCIZ:
                 case P_ASCII:
                     {
-                        EX_TREE        *value;
-
                         do {
                             cp = skipwhite(cp);
-                            if (*cp == '<' || *cp == '^') {
+                            if (*cp == '<') {
+                                EX_TREE        *value;
                                 /* A byte value */
                                 value = parse_unary_expr(cp, 0);
                                 cp = value->cp;
diff --git a/tests/test-asciz.lst.ok b/tests/test-asciz.lst.ok
index c89685d..ea9e9ad 100644
--- a/tests/test-asciz.lst.ok
+++ b/tests/test-asciz.lst.ok
@@ -43,7 +43,10 @@ test-asciz.mac:20: ***ERROR Invalid expression
 test-asciz.mac:20: ***ERROR Invalid expression
       20 000076 000000  000000  000000          .asciz :###:                    ; syntax error: colon not allowed
          000104 000000                  
-      20                                
+      21 000106    043     043     043          .asciz ^###^                    ; previous versions of this macro11
+         000111    000                  
+      22                                	; used ^/.../ quoting as an extension; however this should be ^...^.
+      22                                
 
 
 Symbol table
@@ -54,4 +57,4 @@ Symbol table
 Program sections:
 
 . ABS.  000000    000   (RW,I,GBL,ABS,OVR,NOSAV)
-        000106    001   (RW,I,LCL,REL,CON,NOSAV)
+        000112    001   (RW,I,LCL,REL,CON,NOSAV)
diff --git a/tests/test-asciz.mac b/tests/test-asciz.mac
index bb71638..9faeabd 100644
--- a/tests/test-asciz.mac
+++ b/tests/test-asciz.mac
@@ -18,3 +18,5 @@ SOH = 1
         .asciz =###=                    ; syntax error: assignment
         .asciz :SOH:                    ; syntax error: colon not allowed
         .asciz :###:                    ; syntax error: colon not allowed
+        .asciz ^###^                    ; previous versions of this macro11
+	; used ^/.../ quoting as an extension; however this should be ^...^.