diff --git a/src/borg/crypto/keymanager.py b/src/borg/crypto/keymanager.py
index ce3d6d011..2865f306d 100644
--- a/src/borg/crypto/keymanager.py
+++ b/src/borg/crypto/keymanager.py
@@ -177,7 +177,7 @@ class KeyManager:
                     try:
                         (id_lines, id_repoid, id_complete_checksum) = data.split('/')
                     except ValueError:
-                        print("the id line must contain exactly three '/', try again")
+                        print("the id line must contain exactly two '/', try again")
                         continue
                     if sha256_truncated(data.lower().encode('ascii'), 2) != checksum:
                         print('line checksum did not match, try same line again')