diff --git a/WHATS_NEW b/WHATS_NEW
index 53279ce04..7afe5d61e 100644
--- a/WHATS_NEW
+++ b/WHATS_NEW
@@ -1,5 +1,6 @@
 Version 2.02.03 - 
 ===================================
+  Fix archive file expiration.
   Fix dmeventd build.
 
 Version 2.02.02 - 7th February 2006
diff --git a/lib/format_text/archive.c b/lib/format_text/archive.c
index dcdbdef04..a13f1af45 100644
--- a/lib/format_text/archive.c
+++ b/lib/format_text/archive.c
@@ -207,8 +207,8 @@ static void _remove_expired(struct list *archives, uint32_t archives_size,
 	/* Convert retain_days into the time after which we must retain */
 	retain_time = time(NULL) - (time_t) retain_days *SECS_PER_DAY;
 
-	/* Assume list is ordered oldest first (by index) */
-	list_iterate_items(bf, archives) {
+	/* Assume list is ordered newest first (by index) */
+	list_iterate_back_items(bf, archives) {
 		/* Get the mtime of the file and unlink if too old */
 		if (stat(bf->path, &sb)) {
 			log_sys_error("stat", bf->path);