diff --git a/pep-0492.txt b/pep-0492.txt
index 908ce42a2..4eb937dc7 100644
--- a/pep-0492.txt
+++ b/pep-0492.txt
@@ -387,7 +387,6 @@ which is semantically equivalent to::
     mgr = (EXPR)
     aexit = type(mgr).__aexit__
     aenter = type(mgr).__aenter__(mgr)
-    exc = True
 
     VAR = await aenter
     try: