Index: src/wp-admin/includes/ms.php
===================================================================
--- src/wp-admin/includes/ms.php	(revision 36474)
+++ src/wp-admin/includes/ms.php	(working copy)
@@ -309,7 +309,7 @@
 
 	$current_user = wp_get_current_user();
 	$content = str_replace( '###USERNAME###', $current_user->user_login, $content );
-	$content = str_replace( '###ADMIN_URL###', esc_url( admin_url( 'options.php?adminhash='.$hash ) ), $content );
+	$content = str_replace( '###ADMIN_URL###', esc_url( self_admin_url( 'options.php?adminhash='.$hash ) ), $content );
 	$content = str_replace( '###EMAIL###', $value, $content );
 	$content = str_replace( '###SITENAME###', get_site_option( 'site_name' ), $content );
 	$content = str_replace( '###SITEURL###', network_home_url(), $content );