diff --git a/Changelog.txt b/Changelog.txt
index 19597347f..dde90dc6e 100644
--- a/Changelog.txt
+++ b/Changelog.txt
@@ -21,6 +21,7 @@ Version 1.4.08-dev
  = Fixed exploit where you could receive smelting XP for improper items
  = Fixed bug where the Unbreaking enchantment was ignored when using "Super Breaker" or "Giga Drill Breaker"
  = Fixed bug which prevented players from gaining Acrobatics XP when the setting 'Prevent_XP_After_Teleport' was set to false
+ = Fixed bug where cooldown donor perks were reducing more than expected
  ! Updated localization files
  ! Changed AxesCritical to CriticalHit in config file
  ! Changed several secondary ability permissions(deprecated versions still exist)
diff --git a/src/main/java/com/gmail/nossr50/util/skills/PerksUtils.java b/src/main/java/com/gmail/nossr50/util/skills/PerksUtils.java
index f24cad559..78e0bae69 100644
--- a/src/main/java/com/gmail/nossr50/util/skills/PerksUtils.java
+++ b/src/main/java/com/gmail/nossr50/util/skills/PerksUtils.java
@@ -16,7 +16,7 @@ public final class PerksUtils {
             cooldown *= 0.5;
         }
         else if (Permissions.thirdedCooldowns(player)) {
-            cooldown *= (1.0 / 3.0);
+            cooldown *= (2.0 / 3.0);
         }
         else if (Permissions.quarteredCooldowns(player)) {
             cooldown *= 0.75;