diff --git a/VERSION b/VERSION
index 64e0c070..2d283941 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-Version 2.0.7 (2012-09-05 16:59:15) stable
+Version 2.0.7 (2012-09-06 08:15:24) stable
diff --git a/gluon/contrib/markmin/markmin2html.py b/gluon/contrib/markmin/markmin2html.py
index 7ec3e94f..768c2053 100755
--- a/gluon/contrib/markmin/markmin2html.py
+++ b/gluon/contrib/markmin/markmin2html.py
@@ -1302,6 +1302,7 @@ def render(text,
             return '<pre><code%s%s>%s</code></pre>%s' % (cls, id, escape(code[1:-1]), pp)
         return '<code%s%s>%s</code>' % (cls, id, escape(code[beg:end]))
     text = regex_expand_meta.sub(expand_meta, text)
+    text = text.translate(ttab_out)
 
     if environment:
         def u2(match, environment=environment):
@@ -1314,8 +1315,6 @@ def render(text,
             return str(f)
         text = regex_env.sub(u2, text)
 
-    text = text.translate(ttab_out)
-
     return text
 
 def markmin2html(text, extra={}, allowed={}, sep='p',