@alexins: Yes, I know. I created a patch to revert this change because I'm using komisar's MinGW for the 64bit version. Everything is fine now.
PS. If you read some posts before, you'll see that Mercury_22 is not the only one who's having issues with ICL 11.1.038 builds while 11.0.072 works as expected. Maybe you should change your ICL version to 11.0.072. (If you don't have it, send me a PM).