diff --git a/neutron/plugins/cisco/cfg_agent/device_drivers/driver_mgr.py b/neutron/plugins/cisco/cfg_agent/device_drivers/driver_mgr.py
index f98d3454bc..f48288e03b 100644
--- a/neutron/plugins/cisco/cfg_agent/device_drivers/driver_mgr.py
+++ b/neutron/plugins/cisco/cfg_agent/device_drivers/driver_mgr.py
@@ -75,11 +75,12 @@ class DeviceDriverManager(object):
                 self._drivers[resource_id] = driver
             return driver
         except ImportError:
-            LOG.exception(_("Error loading cfg agent driver %(driver)s for "
-                            "hosting device template %(t_name)s(%(t_id)s)"),
-                          {'driver': driver_class, 't_id': hd_id,
-                           't_name': hosting_device['name']})
             with excutils.save_and_reraise_exception(reraise=False):
+                LOG.exception(_("Error loading cfg agent driver %(driver)s "
+                                "for hosting device template "
+                                "%(t_name)s(%(t_id)s)"),
+                              {'driver': driver_class, 't_id': hd_id,
+                               't_name': resource['name']})
                 raise cfg_exceptions.DriverNotExist(driver=driver_class)
         except KeyError as e:
             with excutils.save_and_reraise_exception(reraise=False):