./make.sh
ATI module generator V 2.0
==========================
initializing...
cleaning...
patching 'highmem.h'...
assuming new VMA API since we do have kernel 2.6.x...
 Assuming default VMAP API
doing Makefile based build for kernel 2.6.x and higher
make -C /lib/modules/2.6.17-1.2157_FC5smp/build SUBDIRS=/lib/modules/fglrx/build_mod/2.6.x modules
make[1]: Entering directory `/usr/src/kernels/2.6.17-1.2157_FC5-i686'
  Building modules, stage 2.
  MODPOST
WARNING: could not find /lib/modules/fglrx/build_mod/2.6.x/.libfglrx_ip.a.GCC4.cmd for /lib/modules/fglrx/build_mod/2.6.x/libfglrx_ip.a.GCC4
make[1]: Leaving directory `/usr/src/kernels/2.6.17-1.2157_FC5-i686'
build succeeded with return value 0
duplicating results into driver repository...
done.
==============================
You must change your working directory to /lib/modules/fglrx
and then call ./make_install.sh in order to install the built module.