yeah, i need this too.
qtvars compile_debug
mingw32-make -f Makefile.Release
mingw32-make[1]: Entering directory `C:/Qt/4.3.2/src/tools/rcc'
gcc -c -O2 -Wall -DUNICODE -DQT_LARGEFILE_SUPPORT -DQT_BOOTSTRAPPED -DQT_RCC -DQ
T_LITE_UNICODE -DQT_NO_DATASTREAM -DQT_NO_THREAD -DQT_NO_QOBJECT -DQT_NO_UNICODE
TABLES -DQT_NO_LIBRARY -DQT_NO_SYSTEMLOCALE -DQT_NO_GEOM_VARIANT -DQT_NODLL -I".
.\..\corelib\arch\generic" -I"..\..\..\include" -I"." -I"..\..\..\include\QtCore
" -I"..\..\..\include\QtXml" -I"..\..\3rdparty\zlib" -I"." -I"..\..\..\mkspecs\w
in32-g++" -o tmp\obj\release_shared\adler32.o ..\..\3rdparty\zlib\adler32.c
gcc: installation problem, cannot exec `cc1': No such file or directory
mingw32-make[1]: *** [tmp\obj\release_shared\adler32.o] Error 1
mingw32-make[1]: Leaving directory `C:/Qt/4.3.2/src/tools/rcc'
mingw32-make: *** [release] Error 2