diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 00692c7f12..c4a1fe47ce 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,3 +1,6 @@
+#### 5.7.2 - 17.07.2017
+* BUGFIX: Version in path and load scripts should work together - https://github.com/fsprojects/Paket/issues/2534
+
 #### 5.7.1 - 17.07.2017
 * BUGFIX: Detect subfolders like "Lib" - https://github.com/fsprojects/Paket/issues/2533
 
diff --git a/src/Paket.Core/Dependencies/NuGet.fs b/src/Paket.Core/Dependencies/NuGet.fs
index 695c08440c..a872ddb848 100644
--- a/src/Paket.Core/Dependencies/NuGet.fs
+++ b/src/Paket.Core/Dependencies/NuGet.fs
@@ -85,8 +85,12 @@ let ofFiles filesList =
     |> Seq.fold (fun state file -> addContent file state) []
 
 let GetContent dir =
+    let di = DirectoryInfo(dir)
+    if not di.Exists then
+        failwithf "%s doesn't exist. nuspec file can't be loaded." di.FullName
+
     let spec =
-        DirectoryInfo(dir).EnumerateFiles("*.nuspec", SearchOption.TopDirectoryOnly)
+        di.EnumerateFiles("*.nuspec", SearchOption.TopDirectoryOnly)
         |> Seq.exactlyOne
         |> fun f -> Nuspec.Load(f.FullName)
     { Content = (ofDirectory dir).Contents
diff --git a/src/Paket.Core/PaketConfigFiles/DependencyCache.fs b/src/Paket.Core/PaketConfigFiles/DependencyCache.fs
index dc6e91f589..e7bffb3df8 100644
--- a/src/Paket.Core/PaketConfigFiles/DependencyCache.fs
+++ b/src/Paket.Core/PaketConfigFiles/DependencyCache.fs
@@ -184,24 +184,27 @@ type DependencyCache (dependencyFile:DependenciesFile, lockFile:LockFile) =
 
     member __.SetupGroup (groupName:GroupName) : bool =
         if loadedGroups.Contains groupName then true else
-        match tryGet groupName  orderedGroupCache with
+        match tryGet groupName orderedGroupCache with
         | None -> false
         | Some resolvedPackageList ->
             let exprs =
                 if resolvedPackageList <> [] then
                     if verbose then
                         verbosefn "[ Loading packages from group - %O ]\n" groupName
-                resolvedPackageList |> List.map (fun package -> async {
+                resolvedPackageList 
+                |> List.map (fun package -> async {
                     let packageName = package.Name
-                    let groupFolder = if groupName = Constants.MainDependencyGroup then "" else "/" + groupName.CompareString
-                    let folder = DirectoryInfo(sprintf "%s/packages%s/%O" lockFile.RootPath groupFolder packageName)
-                    let nuspecShort = sprintf "/packages%s/%O/%O.nuspec" groupFolder packageName packageName
+                    let folder = 
+                        getTargetFolder lockFile.RootPath groupName packageName package.Version (defaultArg package.Settings.IncludeVersionInPath false)
+                        |> Path.GetFullPath
+                        
+                    let nuspecShort = Path.Combine(folder, sprintf "%O.nuspec" packageName)
                     if verbose then
                         verbosefn " -- %s" nuspecShort
                     let nuspec = FileInfo <| Path.Combine (lockFile.RootPath,nuspecShort)
                     let nuspec = Nuspec.Load nuspec.FullName
                     nuspecCache.TryAdd((package.Name,package.Version),nuspec)|>ignore
-                    let content = NuGet.GetContent(folder.FullName)
+                    let content = NuGet.GetContent(folder)
                     let model = InstallModel.CreateFromContent(packageName, package.Version, Paket.Requirements.FrameworkRestriction.NoRestriction, content)
                     installModelCache.TryAdd((groupName,package.Name) , model) |> ignore                
                 }) |> Array.ofSeq
diff --git a/src/Paket.Core/PublicAPI.fs b/src/Paket.Core/PublicAPI.fs
index 2e994b0aaf..9815aad202 100644
--- a/src/Paket.Core/PublicAPI.fs
+++ b/src/Paket.Core/PublicAPI.fs
@@ -449,9 +449,11 @@ type Dependencies(dependenciesFileName: string) =
             | None -> failwithf "Package %O is not installed in group %O." packageName groupName
             | Some resolvedPackage ->
                 let packageName = resolvedPackage.Name
-                let groupFolder = if groupName = Constants.MainDependencyGroup then "" else "/" + groupName.CompareString
-                let folder = DirectoryInfo(sprintf "%s/packages%s/%O" this.RootPath groupFolder packageName)
-                let content = NuGet.GetContent(folder.FullName)
+                let folder = 
+                        getTargetFolder this.RootPath groupName packageName resolvedPackage.Version (defaultArg resolvedPackage.Settings.IncludeVersionInPath false)
+                        |> Path.GetFullPath
+
+                let content = NuGet.GetContent folder
                 InstallModel.CreateFromContent(packageName, resolvedPackage.Version, Paket.Requirements.FrameworkRestriction.NoRestriction, content)
 
     /// Returns all libraries for the given package and framework.
diff --git a/src/Paket/Paket.fsproj b/src/Paket/Paket.fsproj
index 62f8f6df64..4facbaad05 100644
--- a/src/Paket/Paket.fsproj
+++ b/src/Paket/Paket.fsproj
@@ -31,8 +31,8 @@
     <StartAction>Project</StartAction>
     <StartProgram>paket.exe</StartProgram>
     <StartAction>Project</StartAction>
-    <StartArguments>update</StartArguments>
-    <StartWorkingDirectory>C:\proj\testing\</StartWorkingDirectory>
+    <StartArguments>install</StartArguments>
+    <StartWorkingDirectory>D:\temp\test</StartWorkingDirectory>
   </PropertyGroup>
   <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Release|AnyCPU' ">
     <Optimize>true</Optimize>
@@ -42,8 +42,8 @@
     <WarningLevel>3</WarningLevel>
     <DocumentationFile>
     </DocumentationFile>
-    <StartArguments>convert-from-nuget</StartArguments>
-    <StartWorkingDirectory>D:\temp\convert\PaketReferenceBug</StartWorkingDirectory>
+    <StartArguments>install -v</StartArguments>
+    <StartWorkingDirectory>D:\temp\test</StartWorkingDirectory>
   </PropertyGroup>
   <PropertyGroup>
     <VisualStudioVersion Condition=" '$(VisualStudioVersion)' == '' ">14.0</VisualStudioVersion>