diff --git a/jps/jps-plugin/src/org/jetbrains/jet/jps/JpsKotlinCompilerSettings.java b/jps/jps-plugin/src/org/jetbrains/jet/jps/JpsKotlinCompilerSettings.java
index 2ca6b28331f..29cbeb5a775 100644
--- a/jps/jps-plugin/src/org/jetbrains/jet/jps/JpsKotlinCompilerSettings.java
+++ b/jps/jps-plugin/src/org/jetbrains/jet/jps/JpsKotlinCompilerSettings.java
@@ -29,7 +29,7 @@ public class JpsKotlinCompilerSettings extends JpsElementBase<JpsKotlinCompilerS
     static final JpsElementChildRole<JpsKotlinCompilerSettings> ROLE = JpsElementChildRoleBase.create("Kotlin Compiler Settings");
 
     @NotNull
-    public CommonCompilerArguments commonCompilerSettings = CommonCompilerArguments.DUMMY;
+    public CommonCompilerArguments commonCompilerSettings = new CommonCompilerArguments.DummyImpl();
     @NotNull
     public K2JVMCompilerArguments k2JvmCompilerSettings = new K2JVMCompilerArguments();
     @NotNull
diff --git a/jps/jps-plugin/src/org/jetbrains/jet/jps/model/KotlinCommonCompilerSettingsSerializer.java b/jps/jps-plugin/src/org/jetbrains/jet/jps/model/KotlinCommonCompilerSettingsSerializer.java
index 9a284e1ebad..4522c25792d 100644
--- a/jps/jps-plugin/src/org/jetbrains/jet/jps/model/KotlinCommonCompilerSettingsSerializer.java
+++ b/jps/jps-plugin/src/org/jetbrains/jet/jps/model/KotlinCommonCompilerSettingsSerializer.java
@@ -36,7 +36,7 @@ class KotlinCommonCompilerSettingsSerializer extends JpsProjectExtensionSerializ
     public void loadExtension(@NotNull JpsProject project, @NotNull Element componentTag) {
         CommonCompilerArguments settings = XmlSerializer.deserialize(componentTag, CommonCompilerArguments.DummyImpl.class);
         if (settings == null) {
-            settings = CommonCompilerArguments.DUMMY;
+            settings = new CommonCompilerArguments.DummyImpl();
         }
 
         JpsKotlinCompilerSettings.setCommonSettings(project, settings);