diff --git a/LUFA/DoxygenPages/ChangeLog.txt b/LUFA/DoxygenPages/ChangeLog.txt
index 7d0b63ed151378b84697feb5b620cc303a70ead8..ba9c8055892ec12c53868564383c8f0d1bc94da5 100644
--- a/LUFA/DoxygenPages/ChangeLog.txt
+++ b/LUFA/DoxygenPages/ChangeLog.txt
@@ -28,6 +28,7 @@
   *   - Fixed incorrect call to the user callback CALLBACK_Audio_Device_GetSetInterfaceProperty() in the Audio Class device driver (thanks to Tiit Ratsep)
   *   - Fixed compile error for the UC3 architecture when INTERRUPT_CONTROL_ENDPOINT is specified (thanks to Andrus Aaslaid)
   *   - Fixed compile error if LEDs_Disable() is called and BOARD=NONE is set (thanks to Sam Lin)
+  *   - Fixed inverted LED logic in the OLIMEX162 board LED driver
   *  - Library Applications:
   *   - Fixed error in the AVRISP-MKII programmer when ISP mode is used at 64KHz (thanks to Ben R. Porter)
   *
diff --git a/LUFA/Drivers/Board/AVR8/OLIMEX162/LEDs.h b/LUFA/Drivers/Board/AVR8/OLIMEX162/LEDs.h
index 2e18e10c08bbe3fa76def24875a24c97555ea981..c9bd3f1354b6794273ab458509c8e8bd9c0188ef 100644
--- a/LUFA/Drivers/Board/AVR8/OLIMEX162/LEDs.h
+++ b/LUFA/Drivers/Board/AVR8/OLIMEX162/LEDs.h
@@ -76,8 +76,8 @@
 		#if !defined(__DOXYGEN__)
 			static inline void LEDs_Init(void)
 			{
-				DDRD  |= LEDS_ALL_LEDS;
-				PORTD |= LEDS_ALL_LEDS;
+				DDRD  |=  LEDS_ALL_LEDS;
+				PORTD &= ~LEDS_ALL_LEDS;
 			}
 
 			static inline void LEDs_Disable(void)
@@ -88,23 +88,23 @@
 
 			static inline void LEDs_TurnOnLEDs(const uint8_t LEDMask)
 			{
-				PORTD &= ~LEDMask;
+				PORTD |= LEDMask;
 			}
 
 			static inline void LEDs_TurnOffLEDs(const uint8_t LEDMask)
 			{
-				PORTD |= LEDMask;
+				PORTD &= ~LEDMask;
 			}
 
 			static inline void LEDs_SetAllLEDs(const uint8_t LEDMask)
 			{
-				PORTD = ((PORTD | LEDS_ALL_LEDS) & ~LEDMask);
+				PORTD = ((PORTD & ~LEDS_ALL_LEDS) | LEDMask);
 			}
 
 			static inline void LEDs_ChangeLEDs(const uint8_t LEDMask,
 			                                   const uint8_t ActiveMask)
 			{
-				PORTD = ((PORTD | LEDMask) & ~ActiveMask);
+				PORTD = ((PORTD & ~LEDMask) | ActiveMask);
 			}
 
 			static inline void LEDs_ToggleLEDs(const uint8_t LEDMask)
@@ -115,7 +115,7 @@
 			static inline uint8_t LEDs_GetLEDs(void) ATTR_WARN_UNUSED_RESULT;
 			static inline uint8_t LEDs_GetLEDs(void)
 			{
-				return (~PORTD & LEDS_ALL_LEDS);
+				return (PORTD & LEDS_ALL_LEDS);
 			}
 		#endif