Index: /OpenSceneGraph/trunk/examples/osglogo/osglogo.cpp
===================================================================
--- /OpenSceneGraph/trunk/examples/osglogo/osglogo.cpp (revision 8868)
+++ /OpenSceneGraph/trunk/examples/osglogo/osglogo.cpp (revision 9058)
@@ -71,5 +71,5 @@
             matrix.preMultRotate(billboardRotation);
             matrix.preMultRotate(_attitude);
-            matrix.preMultTranslate(_pivotPoint);
+            matrix.preMultTranslate(-_pivotPoint);
             return true;
         }