Index: sites/all/modules/contrib/imagefield/imagefield.module
===================================================================
--- sites/all/modules/contrib/imagefield/imagefield.module	(revision 253)
+++ sites/all/modules/contrib/imagefield/imagefield.module	(working copy)
@@ -356,7 +356,7 @@
   foreach ($parts as $n => $part) {
     $parts[$n] = rawurlencode($part);
   }
-  $path = implode('/', $parts);
+  $path = file_directory_path() .'/'. implode('/', $parts);
 
   $url = file_create_url($path) . $query_string;
   $attributes['src'] = $url;