diff --git a/tools/winedump/dump.c b/tools/winedump/dump.c
index abfc2ab8c74..90602d43367 100644
--- a/tools/winedump/dump.c
+++ b/tools/winedump/dump.c
@@ -33,11 +33,11 @@
 void *dump_base = NULL;
 size_t dump_total_len = 0;
 
-void dump_data( const unsigned char *ptr, unsigned int size, const char *prefix )
+void dump_data_offset( const unsigned char *ptr, unsigned int size, unsigned int offset, const char *prefix )
 {
     unsigned int i, j;
 
-    printf( "%s%08x: ", prefix, 0 );
+    printf( "%s%08x: ", prefix, offset );
     if (!ptr)
     {
         printf("NULL\n");
@@ -51,7 +51,7 @@ void dump_data( const unsigned char *ptr, unsigned int size, const char *prefix
             printf( " " );
             for (j = 0; j < 16; j++)
                 printf( "%c", isprint(ptr[i-15+j]) ? ptr[i-15+j] : '.' );
-            if (i < size-1) printf( "\n%s%08x: ", prefix, i + 1 );
+            if (i < size-1) printf( "\n%s%08x: ", prefix, offset + i + 1 );
         }
     }
     if (i % 16)
@@ -63,6 +63,11 @@ void dump_data( const unsigned char *ptr, unsigned int size, const char *prefix
     printf( "\n" );
 }
 
+void dump_data( const unsigned char *ptr, unsigned int size, const char *prefix )
+{
+    dump_data_offset( ptr, size, 0, prefix );
+}
+
 static char* dump_want_n(unsigned sz)
 {
     static char         buffer[64 * 1024];
diff --git a/tools/winedump/pe.c b/tools/winedump/pe.c
index 3defdcd664b..a49c4e83d52 100644
--- a/tools/winedump/pe.c
+++ b/tools/winedump/pe.c
@@ -539,7 +539,8 @@ static void dump_sections(const void *base, const void* addr, unsigned num_sect)
 
         if (globals.do_dump_rawdata)
         {
-            dump_data((const unsigned char *)base + sectHead->PointerToRawData, sectHead->SizeOfRawData, "    " );
+            dump_data_offset((const unsigned char *)base + sectHead->PointerToRawData,
+                             sectHead->SizeOfRawData, sectHead->VirtualAddress, "    " );
             printf("\n");
         }
     }
diff --git a/tools/winedump/winedump.h b/tools/winedump/winedump.h
index 91b7170b774..3df2410a6c3 100644
--- a/tools/winedump/winedump.h
+++ b/tools/winedump/winedump.h
@@ -224,6 +224,7 @@ unsigned long	Offset(const void* ptr);
 typedef void (*file_dumper)(void);
 BOOL            dump_analysis(const char*, file_dumper, enum FileSig);
 
+void            dump_data_offset( const unsigned char *ptr, unsigned int size, unsigned int offset, const char *prefix );
 void            dump_data( const unsigned char *ptr, unsigned int size, const char *prefix );
 const char*	get_time_str( unsigned long );
 unsigned int    strlenW( const unsigned short *str );