diff --git a/src/sbbs3/fmsgdump.vcxproj b/src/sbbs3/fmsgdump.vcxproj
index a35c81eed80dde1c7ededd325ba0cf0325955c84..a3c90df3f3e9c1f9bff51f9189e1ef6ed9f66772 100644
--- a/src/sbbs3/fmsgdump.vcxproj
+++ b/src/sbbs3/fmsgdump.vcxproj
@@ -53,6 +53,8 @@
   </PropertyGroup>
   <PropertyGroup Condition="'$(Configuration)|$(Platform)'=='Release|Win32'">
     <LinkIncremental>false</LinkIncremental>
+    <OutDir>.\msvc.win32.exe.release\</OutDir>
+    <IntDir>.\msvc.win32.release\fmsgdump</IntDir>
   </PropertyGroup>
   <ItemDefinitionGroup Condition="'$(Configuration)|$(Platform)'=='Debug|Win32'">
     <ClCompile>