diff --git a/coverage/annotate.py b/coverage/annotate.py
index 48e2b91ce..429e2cbfc 100644
--- a/coverage/annotate.py
+++ b/coverage/annotate.py
@@ -60,6 +60,7 @@ def annotate_file(self, fr, analysis):
         statements = sorted(analysis.statements)
         missing = sorted(analysis.missing)
         excluded = sorted(analysis.excluded)
+        missing_branches = sorted(analysis.missing_branch_arcs().keys())
 
         if self.directory:
             dest_file = os.path.join(self.directory, flat_rootname(fr.relative_filename()))
@@ -96,7 +97,10 @@ def annotate_file(self, fr, analysis):
                 elif lineno in excluded:
                     dest.write(u'- ')
                 elif covered:
-                    dest.write(u'> ')
+                    if lineno in missing_branches:
+                        dest.write(u'~ ')
+                    else:
+                        dest.write(u'> ')
                 else:
                     dest.write(u'! ')
 
diff --git a/tests/farm/annotate/gold_branch/white.py,cover b/tests/farm/annotate/gold_branch/white.py,cover
new file mode 100644
index 000000000..e164227d4
--- /dev/null
+++ b/tests/farm/annotate/gold_branch/white.py,cover
@@ -0,0 +1,36 @@
+  # Licensed under the Apache License: http://www.apache.org/licenses/LICENSE-2.0
+  # For details: https://bitbucket.org/ned/coveragepy/src/default/NOTICE.txt
+  
+  # A test case sent to me by Steve White
+  
+> def f(self):
+!     if self==1:
+!         pass
+!     elif self.m('fred'):
+!         pass
+!     elif (g==1) and (b==2):
+!         pass
+!     elif self.m('fred')==True:
+!         pass
+!     elif ((g==1) and (b==2))==True:
+!         pass
+!     else:
+!         pass
+  
+> def g(x):
+~     if x == 1:
+>         a = 1
+!     else:
+!         a = 2
+  
+> g(1)
+  
+> def h(x):
+-     if 0:   #pragma: no cover
+-         pass
+~     if x == 1:
+!         a = 1
+>     else:
+>         a = 2
+  
+> h(2)
diff --git a/tests/farm/annotate/run_branch.py b/tests/farm/annotate/run_branch.py
new file mode 100644
index 000000000..eb9f277c7
--- /dev/null
+++ b/tests/farm/annotate/run_branch.py
@@ -0,0 +1,12 @@
+# Licensed under the Apache License: http://www.apache.org/licenses/LICENSE-2.0
+# For details: https://bitbucket.org/ned/coveragepy/src/default/NOTICE.txt
+
+from tests.test_farm import clean, compare, copy, run
+
+copy("src", "out")
+run("""
+    coverage run --branch white.py
+    coverage annotate white.py
+    """, rundir="out")
+compare("out", "gold_branch", "*,cover")
+clean("out")