diff --git a/packages/lang/Python/build b/packages/lang/Python/build
index 58f6127216..b864060bb9 100755
--- a/packages/lang/Python/build
+++ b/packages/lang/Python/build
@@ -40,11 +40,16 @@ make distclean
 
 setup_toolchain target
 
+# Python fails to compile with GCC 4.5.0's link time optimization.
+  CFLAGS=`echo $CFLAGS | sed -e "s|-flto||" -e "s|-fuse-linker-plugin||" -e "s|-fwhole-program||"`
+  CXXFLAGS=`echo $CXXFLAGS | sed -e "s|-flto||" -e "s|-fuse-linker-plugin||" -e "s|-fwhole-program||"`
+  LDFLAGS=`echo $LDFLAGS | sed -e "s|-flto||" -e "s|-fuse-linker-plugin||" -e "s|-fwhole-program||"`
+
 ac_cv_file__dev_ptmx=no \
 ac_cv_file__dev_ptc=no \
 ac_cv_lib_readline_readline=no \
 ac_cv_printf_zd_format=no \
-OPT="$TARGET_CFLAGS -fno-strict-aliasing" \
+OPT="$CFLAGS -fno-strict-aliasing" \
 ./configure --host=$TARGET_NAME \
             --build=$HOST_NAME \
             --prefix=/usr \