diff --git a/include/boost/detail/shared_count.hpp b/include/boost/detail/shared_count.hpp
index 299fadb..6de061a 100644
--- a/include/boost/detail/shared_count.hpp
+++ b/include/boost/detail/shared_count.hpp
@@ -202,6 +202,13 @@ inline void intrusive_ptr_release(counted_base * p)
 namespace detail
 {
 
+//
+// Borland's Codeguard trips up over the -Vx- option here:
+//
+#ifdef __CODEGUARD__
+#pragma option push -Vx-
+#endif
+
 template<class P, class D> class counted_base_impl: public counted_base
 {
 private:
@@ -344,6 +351,11 @@ public:
     }
 };
 
+#ifdef __CODEGUARD__
+#pragma option pop
+#endif
+
+
 class weak_count
 {
 private: