diff --git a/CHANGELOG b/CHANGELOG
index 2c3d5ef5..ff01e993 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -12,6 +12,7 @@ ver. 0.9.0 (2007/??/??) - alpha
 - Removed Python 2.4 code. Need more testing
 - Made interactive mode optional in fail2ban-client
 - Fixed vulnerability in sshd.conf. Thanks to Daniel B. Cid
+- Expand <HOST> in ignoreregex. Thanks to Yaroslav Halchenko
 
 ver. 0.8.0 (2007/05/03) - stable
 ----------
diff --git a/server/failregex.py b/server/failregex.py
index 275380b9..9889ca67 100644
--- a/server/failregex.py
+++ b/server/failregex.py
@@ -40,9 +40,7 @@ class FailRegex(Regex):
 	# avoid construction of invalid object.
 	# @param value the regular expression
 	
-	def __init__(self, value):
-		# Replace "<HOST>" with default regular expression for host.
-		regex = value.replace("<HOST>", "(?:::f{4,6}:)?(?P<host>\S+)")
+	def __init__(self, regex):
 		# Initializes the parent.
 		Regex.__init__(self, regex)
 		# Check for group "host"
diff --git a/server/regex.py b/server/regex.py
index d3d6eee4..e7f64e5a 100644
--- a/server/regex.py
+++ b/server/regex.py
@@ -42,6 +42,9 @@ class Regex:
 	
 	def __init__(self, regex):
 		self._matchCache = None
+		# Perform shortcuts expansions
+		# Replace "<HOST>" with default regular expression for host.
+		regex = regex.replace("<HOST>", "(?:::f{4,6}:)?(?P<host>\S+)")
 		if regex.lstrip() == '':
 			raise RegexException("Cannot add empty regex")
 		try: