diff --git a/src/ARMeilleure/Translation/PTC/Ptc.cs b/src/ARMeilleure/Translation/PTC/Ptc.cs
index b3baa4413..72f9d5a0a 100644
--- a/src/ARMeilleure/Translation/PTC/Ptc.cs
+++ b/src/ARMeilleure/Translation/PTC/Ptc.cs
@@ -33,7 +33,7 @@ namespace ARMeilleure.Translation.PTC
         private const string OuterHeaderMagicString = "PTCohd\0\0";
         private const string InnerHeaderMagicString = "PTCihd\0\0";
 
-        private const uint InternalVersion = 7007; //! To be incremented manually for each change to the ARMeilleure project.
+        private const uint InternalVersion = 7008; //! To be incremented manually for each change to the ARMeilleure project.
 
         private const string ActualDir = "0";
         private const string BackupDir = "1";
@@ -873,7 +873,7 @@ namespace ARMeilleure.Translation.PTC
 
                     Debug.Assert(Profiler.IsAddressInStaticCodeRange(address));
 
-                    TranslatedFunction func = translator.Translate(address, executionMode, highCq);
+                    TranslatedFunction func = translator.Translate(address, executionMode, highCq, pptcTranslation: true);
 
                     if (func == null)
                     {
diff --git a/src/ARMeilleure/Translation/Translator.cs b/src/ARMeilleure/Translation/Translator.cs
index 14c80f24b..d8528cfd6 100644
--- a/src/ARMeilleure/Translation/Translator.cs
+++ b/src/ARMeilleure/Translation/Translator.cs
@@ -219,7 +219,7 @@ namespace ARMeilleure.Translation
             }
         }
 
-        internal TranslatedFunction Translate(ulong address, ExecutionMode mode, bool highCq, bool singleStep = false)
+        internal TranslatedFunction Translate(ulong address, ExecutionMode mode, bool highCq, bool singleStep = false, bool pptcTranslation = false)
         {
             ArmEmitterContext context = new(
                 Memory,
@@ -246,7 +246,7 @@ namespace ARMeilleure.Translation
                 context.Branch(context.GetLabel(address));
             }
 
-            ControlFlowGraph cfg = EmitAndGetCFG(context, blocks, out Range funcRange, out Counter<uint> counter);
+            ControlFlowGraph cfg = EmitAndGetCFG(context, blocks, out Range funcRange, out Counter<uint> counter, pptcTranslation);
 
             if (cfg == null)
             {
@@ -326,7 +326,8 @@ namespace ARMeilleure.Translation
             ArmEmitterContext context,
             Block[] blocks,
             out Range range,
-            out Counter<uint> counter)
+            out Counter<uint> counter,
+            bool pptcTranslation)
         {
             counter = null;
 
@@ -411,7 +412,10 @@ namespace ARMeilleure.Translation
                         if (opCode.Instruction.Emitter != null)
                         {
                             opCode.Instruction.Emitter(context);
-                            if (opCode.Instruction.Name == InstName.Und && blkIndex == 0)
+                            // if we're pre-compiling PPTC functions, and we hit an Undefined instruction as the first
+                            // instruction in the block, mark the function as blacklisted
+                            // this way, we don't pre-compile Exlaunch hooks, which allows ExeFS mods to run with PPTC 
+                            if (pptcTranslation && opCode.Instruction.Name == InstName.Und && blkIndex == 0)
                             {
                                 range = new Range(rangeStart, rangeEnd);
                                 return null;