Index: src/TSVNCache/CachedDirectory.cpp
===================================================================
--- src/TSVNCache/CachedDirectory.cpp	(revision 8811)
+++ src/TSVNCache/CachedDirectory.cpp	(working copy)
@@ -200,7 +200,7 @@
 		entriesFilePath.AppendPathString(g_SVNAdminDir.GetAdminDirName() + _T("\\entries"));
 		propsDirPath.AppendPathString(g_SVNAdminDir.GetAdminDirName() + _T("\\dir-props"));
 	}
-	if (m_entriesFileTime == entriesFilePath.GetLastWriteTime() && m_propsFileTime == propsDirPath.GetLastWriteTime())
+	if ( m_entriesFileTime == entriesFilePath.GetLastWriteTime() && (!entriesFilePath.Exists() || m_propsFileTime == propsDirPath.GetLastWriteTime()) )
 	{
 		if(m_entriesFileTime == 0)
 		{