A single sequence valve is connected to a 3-4 shift valve thereby defining a drain circuit. The sequence valve is responsive to hydraulic pressures which act on a fourth speed apply chamber of a band brake and a high clutch, respectively. The sequence valve normally defines the drain circuit, but delivers hydraulic fluid to the 3-4 shift valve, then to the fourth speed apply chamber of the band brake after a command for a 4-2 downshift has taken place until the hydraulic pressure in the high clutch drops to a predetermined value.