diff --git a/libdw/ChangeLog b/libdw/ChangeLog
index 212b87be..dd73c908 100644
--- a/libdw/ChangeLog
+++ b/libdw/ChangeLog
@@ -1,3 +1,7 @@
+2015-02-11  Josh Stone  <jistone@redhat.com>
+
+	* encoded-value.h (read_encoded_value): Initialize value.
+
 2015-02-11  Petr Machata  <pmachata@redhat.com>
 
 	* dwarf_ranges.c (dwarf_ranges): Do not bail out when neither
diff --git a/libdw/encoded-value.h b/libdw/encoded-value.h
index f953f5ef..0fa20183 100644
--- a/libdw/encoded-value.h
+++ b/libdw/encoded-value.h
@@ -152,7 +152,7 @@ read_encoded_value (const Dwarf_CFI *cache, uint8_t encoding,
       return true;
     }
 
-  Dwarf_Addr value;
+  Dwarf_Addr value = 0;
   const unsigned char *endp = cache->data->d.d_buf + cache->data->d.d_size;
   switch (encoding & 0x0f)
     {