diff --git a/ChangeLog b/ChangeLog
index e6ff851f..7ba5f421 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -22,7 +22,7 @@ Changes in 1.4.1-beta:
  o When building with GCC, use the "format" attribute to verify type correctness of calls to printf-like functions.
  o removed linger from http server socket; reported by Ilya Martynov
  o Rewrite win32.c backend to be O(n lg n) rather than O(n^2)
-
+ o remove pending timeouts on event_base_free()
 
 Changes in 1.4.0-beta:
  o allow \r or \n individually to separate HTTP headers instead of the standard "\r\n"; from Charles Kerr.
diff --git a/event.c b/event.c
index 0b6c55a9..e31b6b77 100644
--- a/event.c
+++ b/event.c
@@ -229,6 +229,11 @@ event_base_free(struct event_base *base)
 		}
 		ev = next;
 	}
+	while ((ev = min_heap_top(&base->timeheap)) != NULL) {
+		event_del(ev);
+		++n_deleted;
+	}
+
 	if (n_deleted)
 		event_debug(("%s: %d events were still set in base",
 					 __func__, n_deleted));
@@ -236,8 +241,9 @@ event_base_free(struct event_base *base)
 	if (base->evsel->dealloc != NULL)
 		base->evsel->dealloc(base, base->evbase);
 
-	for (i=0; i < base->nactivequeues; ++i)
+	for (i = 0; i < base->nactivequeues; ++i)
 		assert(TAILQ_EMPTY(base->activequeues[i]));
+
 	assert(min_heap_empty(&base->timeheap));
 	min_heap_dtor(&base->timeheap);
 
diff --git a/test/regress.c b/test/regress.c
index a6e48260..383e3268 100644
--- a/test/regress.c
+++ b/test/regress.c
@@ -770,6 +770,33 @@ test_loopexit(void)
 	cleanup_test();
 }
 
+static void
+test_loopexit_multiple(void)
+{
+	struct timeval tv;
+	struct event_base *base;
+
+	setup_test("Loop Multiple exit: ");
+
+	base = event_base_new();
+	
+	tv.tv_usec = 0;
+	tv.tv_sec = 1;
+	event_base_loopexit(base, &tv);
+
+	tv.tv_usec = 0;
+	tv.tv_sec = 2;
+	event_base_loopexit(base, &tv);
+
+	event_base_dispatch(base);
+
+	event_base_free(base);
+	
+	test_ok = 1;
+
+	cleanup_test();
+}
+
 static void
 break_cb(int fd, short events, void *arg)
 {
@@ -1369,6 +1396,8 @@ main (int argc, char **argv)
 	test_loopexit();
 	test_loopbreak();
 
+	test_loopexit_multiple();
+	
 	test_multiple_events_for_same_fd();
 
 	test_want_only_once();