diff --git a/NEWS b/NEWS
index e79fe4712..66d203682 100644
--- a/NEWS
+++ b/NEWS
@@ -3,11 +3,17 @@ For full details, see the git log at: https://github.com/ksh93/ksh/tree/1.0
 
 Any uppercase BUG_* names are modernish shell bug IDs.
 
+2022-05-21:
+
+- Fixed a bug, present since the beginning of ksh93, that broke backslash line
+  continuation within $(standard) and ${ shared-state; } command substitutions.
+  Thanks to atheik for the analysis and the fix. (BUG_CSUBLNCONT)
+
 2022-05-20:
 
 - Fixed an ancient bug that caused a spurious syntax error when using double
   quotes within a `backtick` command substitution within double quotes.
-  Thanks to atheik for the analysis and the fix.
+  Thanks to atheik for the analysis and the fix. (BUG_CSUBBTQUOT)
 
 2022-03-10:
 
diff --git a/src/cmd/ksh93/include/version.h b/src/cmd/ksh93/include/version.h
index 63515c6c3..c04cdcf6b 100644
--- a/src/cmd/ksh93/include/version.h
+++ b/src/cmd/ksh93/include/version.h
@@ -21,7 +21,7 @@
 
 #define SH_RELEASE_FORK	"93u+m"		/* only change if you develop a new ksh93 fork */
 #define SH_RELEASE_SVER	"1.0.0-beta.2"	/* semantic version number: https://semver.org */
-#define SH_RELEASE_DATE	"2022-05-20"	/* must be in this format for $((.sh.version)) */
+#define SH_RELEASE_DATE	"2022-05-21"	/* must be in this format for $((.sh.version)) */
 #define SH_RELEASE_CPYR	"(c) 2020-2022 Contributors to ksh " SH_RELEASE_FORK
 
 /* Scripts sometimes field-split ${.sh.version}, so don't change amount of whitespace. */
diff --git a/src/cmd/ksh93/sh/lex.c b/src/cmd/ksh93/sh/lex.c
index 969b930da..b86f933b4 100644
--- a/src/cmd/ksh93/sh/lex.c
+++ b/src/cmd/ksh93/sh/lex.c
@@ -671,8 +671,8 @@ int sh_lex(Lex_t* lp)
 				if(mode==ST_BEGIN)
 				{
 				do_reg:
-					/* skip new-line joining */
-					if(c=='\\' && fcpeek(0)=='\n')
+					/* skip new-line joining if not called from comsub() */
+					if(c=='\\' && fcpeek(0)=='\n' && !lp->lexd.dolparen)
 					{
 						sh.inlineno++;
 						fcseek(1);
diff --git a/src/cmd/ksh93/tests/quoting2.sh b/src/cmd/ksh93/tests/quoting2.sh
index 59ab3268d..d55cd7182 100755
--- a/src/cmd/ksh93/tests/quoting2.sh
+++ b/src/cmd/ksh93/tests/quoting2.sh
@@ -295,5 +295,28 @@ got="${var:+'}text between expansions${var:+'}"
 got=$(eval 'foo="`: "^Exec(\[[^]=]*])?="`"' 2>&1) || err_exit "Backtick command substitutions can't nest double quotes" \
 	"(got $(printf %q "$got"))"
 
+# ======
+# https://github.com/ksh93/ksh/issues/367
+exp='one twothree'
+got=$(
+echo one two\
+three
+)
+[[ $got == "$exp" ]] || err_exit "Line continuation broken within standard command substitution" \
+	"(expected $(printf %q "$exp"), got $(printf %q "$got"))"
+got=${
+echo one two\
+three
+}
+[[ $got == "$exp" ]] || err_exit "Line continuation broken within shared-state command substitution" \
+	"(expected $(printf %q "$exp"), got $(printf %q "$got"))"
+# backticks did not have this bug but let's test them anyway
+got=`
+echo one two\
+three
+`
+[[ $got == "$exp" ]] || err_exit "Line continuation broken within backtick command substitution" \
+	"(expected $(printf %q "$exp"), got $(printf %q "$got"))"
+
 # ======
 exit $((Errors<125?Errors:125))