diff --git a/HISTORY.rst b/HISTORY.rst
index 28424044..2d8341ef 100644
--- a/HISTORY.rst
+++ b/HISTORY.rst
@@ -29,6 +29,8 @@ PlatformIO 2.0
   or `PLATFORMIO_BUILD_SRC_FLAGS <http://docs.platformio.org/en/latest/envvars.html#platformio-build-src-flags>`__
 * Fixed invalid detecting of compiler type
   (`issue #550 <https://github.com/platformio/platformio/issues/550>`_)
+* Fixed issue with updating package which was deleted manually by user
+  (`issue #555 <https://github.com/platformio/platformio/issues/555>`_)
 
 
 2.8.4 (2016-02-17)
diff --git a/platformio/pkgmanager.py b/platformio/pkgmanager.py
index 83f4f4b7..0c7bdce7 100644
--- a/platformio/pkgmanager.py
+++ b/platformio/pkgmanager.py
@@ -126,7 +126,8 @@ class PackageManager(object):
             click.secho("Not installed", fg="yellow")
             return False
 
-        rmtree(join(self._package_dir, name))
+        if isdir(join(self._package_dir, name)):
+            rmtree(join(self._package_dir, name))
         self._unregister(name)
         click.echo("[%s]" % click.style("OK", fg="green"))