diff --git a/Pdf4QtLib/sources/pdfrenderer.cpp b/Pdf4QtLib/sources/pdfrenderer.cpp
index 52e3989..3ea3d3a 100644
--- a/Pdf4QtLib/sources/pdfrenderer.cpp
+++ b/Pdf4QtLib/sources/pdfrenderer.cpp
@@ -61,8 +61,8 @@ QTransform PDFRenderer::createPagePointToDevicePointMatrix(const PDFPage* page,
 }
 
 QTransform PDFRenderer::createMediaBoxToDevicePointMatrix(const QRectF& mediaBox,
-                                                       const QRectF& rectangle,
-                                                       PageRotation rotation)
+                                                          const QRectF& rectangle,
+                                                          PageRotation rotation)
 {
     QTransform matrix;
     switch (rotation)
@@ -105,6 +105,8 @@ QTransform PDFRenderer::createMediaBoxToDevicePointMatrix(const QRectF& mediaBox
         }
     }
 
+    matrix.translate(-mediaBox.left(), -mediaBox.top());
+
     return matrix;
 }
 
diff --git a/RELEASES.txt b/RELEASES.txt
index 9613f9c..f048955 100644
--- a/RELEASES.txt
+++ b/RELEASES.txt
@@ -1,4 +1,5 @@
 CURRENT:
+ - Issue #48: Page not displayed correctly
  - Issue #45: Blank page in DocPage Organizer
  - Issue #43: Save question
  - Issue #40: Sanitization of documents