Index: src/java/fr/jayasoft/ivy/external/m2/PomModuleDescriptorParser.java
===================================================================
--- src/java/fr/jayasoft/ivy/external/m2/PomModuleDescriptorParser.java	(revision 496457)
+++ src/java/fr/jayasoft/ivy/external/m2/PomModuleDescriptorParser.java	(working copy)
@@ -161,7 +161,7 @@
                 _organisation = null;
                 _module = null;
             }
-            if ("dependency".equals(qName)) {
+            if ("project/dependencies/dependency".equals(getContext())) {
                 _organisation = null;
                 _module = null;
                 _revision = null;
Index: test/java/fr/jayasoft/ivy/external/m2/test-dependencies.pom
===================================================================
--- test/java/fr/jayasoft/ivy/external/m2/test-dependencies.pom	(revision 496457)
+++ test/java/fr/jayasoft/ivy/external/m2/test-dependencies.pom	(working copy)
@@ -10,6 +10,56 @@
     <name>Jayasoft</name>
     <url>http://www.jayasoft.org/</url>
   </organization>
+    <profiles>
+    <profile>
+      <id>j4</id>
+      <build>
+        <plugins>
+          <plugin>
+            <groupId>org.codehaus.mojo</groupId>
+            <artifactId>retrotranslator-maven-plugin</artifactId>
+            <executions>
+              <execution>
+                <id>retrotranslate</id>
+              </execution>
+            </executions>
+          </plugin>
+          <plugin>
+            <artifactId>maven-jar-plugin</artifactId>
+            <executions>
+              <execution>
+                <id>create-j4-jar</id>
+                <goals>
+                  <goal>jar</goal>
+                </goals>
+                <configuration>
+                  <classesDirectory>${project.build.directory}/classes-retro</classesDirectory>
+                  <classifier>j4</classifier>
+                  <archive>
+                    <manifestEntries>
+                      <Extension-Name>${project.artifactId}-j4</Extension-Name>
+                      <Specification-Vendor>${project.organization.name}</Specification-Vendor>
+                      <Implementation-Vendor>${project.organization.name}</Implementation-Vendor>
+                      <Implementation-Title>${project.description}</Implementation-Title>
+                      <Implementation-Version>2.0.2-SNAPSHOT</Implementation-Version>
+                      <Revision>${scm.revision}</Revision>
+                    </manifestEntries>
+                  </archive>
+                </configuration>
+              </execution>
+            </executions>
+          </plugin>
+        </plugins>
+      </build>
+      <dependencies>
+        <dependency>
+          <groupId>net.sf.retrotranslator</groupId>
+          <artifactId>retrotranslator-runtime</artifactId>
+          <version>1.0.8</version>
+        </dependency>
+      </dependencies>
+    </profile>
+  </profiles>
   <dependencies>
     <dependency>
       <groupId>commons-logging</groupId>