--- python.el	2011/02/28 20:22:31	1.1
+++ python.el	2011/02/28 20:24:23
@@ -2022,7 +2022,9 @@
 		;; current line.
 		((eq t (nth 3 syntax))	; in fenced string
 		 (goto-char (nth 8 syntax)) ; string start
-		 (setq start (line-beginning-position))
+                 (if (looking-at "\\(?:'''\\|\"\"\"\\|'\\|\"\\)\\\\?\n?")
+                     (setq start (match-end 0))
+                   (setq start (line-beginning-position)))
 		 (setq end (condition-case () ; for unbalanced quotes
                                (progn (forward-sexp)
                                       (- (point) 3))