diff --git a/dlls/ole32/ole2.c b/dlls/ole32/ole2.c
index e58385bdf71..e8793fc226d 100644
--- a/dlls/ole32/ole2.c
+++ b/dlls/ole32/ole2.c
@@ -284,7 +284,7 @@ HRESULT WINAPI RegisterDragDrop(
   if (!COM_CurrentApt())
   {
     ERR("COM not initialized\n");
-    return CO_E_NOTINITIALIZED;
+    return E_OUTOFMEMORY;
   }
 
   if (!pDropTarget)
diff --git a/dlls/ole32/tests/dragdrop.c b/dlls/ole32/tests/dragdrop.c
index 48b308cd934..15610661c29 100644
--- a/dlls/ole32/tests/dragdrop.c
+++ b/dlls/ole32/tests/dragdrop.c
@@ -113,7 +113,7 @@ START_TEST(dragdrop)
     HRESULT hr;
 
     hr = RegisterDragDrop(GetDesktopWindow(), &DropTarget);
-    ok(hr == CO_E_NOTINITIALIZED, "RegisterDragDrop without OLE initialized should have returned CO_E_NOTINITIALIZED instead of 0x%08x\n", hr);
+    ok(hr == E_OUTOFMEMORY, "RegisterDragDrop without OLE initialized should have returned E_OUTOFMEMORY instead of 0x%08x\n", hr);
 
     OleInitialize(NULL);