diff --git a/lib/CPAN/Changes.pm b/lib/CPAN/Changes.pm
index 1c3c7ac..91344f4 100644
--- a/lib/CPAN/Changes.pm
+++ b/lib/CPAN/Changes.pm
@@ -71,9 +71,11 @@ sub load_string {
 
         next if $l =~ m{^\s*$};
 
-        if ( !$indent ) {
-            $l =~ m{^(\s+)};
-            $indent = '\s' x length $1;
+        if ( !defined $indent ) {
+            $indent
+                = $l =~ m{^(\s+)}
+                ? '\s' x length $1
+                : '';
         }
 
         $l =~ s{^$indent}{};
diff --git a/t/corpus/no-leading-space-for-change.changes b/t/corpus/no-leading-space-for-change.changes
new file mode 100644
index 0000000..22175ec
--- /dev/null
+++ b/t/corpus/no-leading-space-for-change.changes
@@ -0,0 +1,3 @@
+0.01 2010-06-16
+- Initial release
+  This line is part of the first
diff --git a/t/read_no-leading-space-for-change.t b/t/read_no-leading-space-for-change.t
new file mode 100644
index 0000000..6638b9f
--- /dev/null
+++ b/t/read_no-leading-space-for-change.t
@@ -0,0 +1,31 @@
+use strict;
+use warnings;
+
+use Test::More;
+
+use_ok( 'CPAN::Changes' );
+
+my $changes = CPAN::Changes->load( 't/corpus/no-leading-space-for-change.changes' );
+
+isa_ok( $changes, 'CPAN::Changes' );
+is( $changes->preamble, '', 'no preamble' );
+
+my @releases = $changes->releases;
+
+is( scalar @releases, 1, 'has 1 release' );
+isa_ok( $releases[ 0 ], 'CPAN::Changes::Release' );
+is( $releases[ 0 ]->version, '0.01',       'version' );
+is( $releases[ 0 ]->date,    '2010-06-16', 'date' );
+is_deeply(
+    $releases[ 0 ]->changes,
+    { '' => [ "Initial release This line is part of the first" ] },
+    'full changes'
+);
+is_deeply( [ $releases[ 0 ]->groups ], [ '' ], 'only the main group' );
+is_deeply(
+    $releases[ 0 ]->changes( '' ),
+    [ "Initial release This line is part of the first" ],
+    'one change line'
+);
+
+done_testing;