diff --git a/samples/widgets/static.cpp b/samples/widgets/static.cpp
index c305c4db8e..abeff873bf 100644
--- a/samples/widgets/static.cpp
+++ b/samples/widgets/static.cpp
@@ -308,7 +308,7 @@ void StaticWidgetsPage::CreateContent()
     // NB: must be done _before_ calling CreateStatic()
     Reset();
 
-    m_textBox->SetValue(wxT("This is a box"));
+    m_textBox->SetValue(wxT("This is a &box"));
     m_textLabel->SetValue(wxT("And this is a\n\tlabel inside the box with a &mnemonic.\n")
                           wxT("Only this text is affected by the ellipsize settings."));
     m_textLabelWithMarkup->SetValue(wxT("Another label, this time <b>decorated</b> ")
diff --git a/src/msw/statbox.cpp b/src/msw/statbox.cpp
index 55f3b79cd1..1058f381b9 100644
--- a/src/msw/statbox.cpp
+++ b/src/msw/statbox.cpp
@@ -512,18 +512,32 @@ void wxStaticBox::PaintForeground(wxDC& dc, const RECT& rc)
             PaintBackground(dc, dimensions);
         }
 
+        UINT drawTextFlags = DT_SINGLELINE | DT_VCENTER;
+
+        // determine the state of UI queues to draw the text correctly under XP
+        // and later systems
+        static const bool isXPorLater = wxGetWinVersion() >= wxWinVersion_XP;
+        if ( isXPorLater )
+        {
+            if ( ::SendMessage(GetHwnd(), WM_QUERYUISTATE, 0, 0) &
+                    UISF_HIDEACCEL )
+            {
+                drawTextFlags |= DT_HIDEPREFIX;
+            }
+        }
+
         // now draw the text
         if ( !rtl )
         {
             RECT rc2 = { x, 0, x + width, y };
             ::DrawText(hdc, label.wx_str(), label.length(), &rc2,
-                       DT_SINGLELINE | DT_VCENTER);
+                       drawTextFlags);
         }
         else // RTL
         {
             RECT rc2 = { x, 0, x - width, y };
             ::DrawText(hdc, label.wx_str(), label.length(), &rc2,
-                       DT_SINGLELINE | DT_VCENTER | DT_RTLREADING);
+                       drawTextFlags | DT_RTLREADING);
         }
     }
 }