diff --git a/NEWS b/NEWS
index b18ea7af..8430a155 100644
--- a/NEWS
+++ b/NEWS
@@ -3,6 +3,8 @@
 
 * Fixed #1273 - V3 protocol handler vulnerable to downgrade attacks.
 
+* Fixed #1362 - SUB socket sometimes fails to resubscribe properly.
+
 
 0MQ version 4.0.5 stable, released on 2014/10/14
 ================================================
diff --git a/src/pipe.cpp b/src/pipe.cpp
index 9526dd7b..a7560351 100644
--- a/src/pipe.cpp
+++ b/src/pipe.cpp
@@ -242,6 +242,8 @@ void zmq::pipe_t::process_hiccup (void *pipe_)
     outpipe->flush ();
     msg_t msg;
     while (outpipe->read (&msg)) {
+       if (!(msg.flags () & msg_t::more))
+            msgs_written--;
        int rc = msg.close ();
        errno_assert (rc == 0);
     }