diff --git a/g10/keylist.c b/g10/keylist.c
index 92a8d4cbb..0b8aa88cd 100644
--- a/g10/keylist.c
+++ b/g10/keylist.c
@@ -212,7 +212,7 @@ print_pubkey_info (ctrl_t ctrl, estream_t fp, PKT_public_key *pk)
   else
     p = get_user_id_native (ctrl, keyid);
 
-  if (fp)
+  if (!fp)
     tty_printf ("\n");
   tty_fprintf (fp, "%s  %s/%s %s %s\n",
                pk->flags.primary? "pub":"sub",