diff --git a/Zend/tests/gh13446_1.phpt b/Zend/tests/gh13446_1.phpt
new file mode 100644
index 0000000000000..cb51d041c969f
--- /dev/null
+++ b/Zend/tests/gh13446_1.phpt
@@ -0,0 +1,19 @@
+--TEST--
+GH-13446: Exception handler is restored after is has finished
+--FILE--
+<?php
+function exception_handler($ex) {
+    echo 'Exception caught: ', $ex->getMessage(), "\n";
+}
+set_exception_handler('exception_handler');
+
+register_shutdown_function(function () {
+    echo set_exception_handler(null), "\n";
+    restore_exception_handler();
+});
+
+throw new Exception('Test');
+?>
+--EXPECT--
+Exception caught: Test
+exception_handler
diff --git a/Zend/tests/gh13446_2.phpt b/Zend/tests/gh13446_2.phpt
new file mode 100644
index 0000000000000..c1bab44ce80bf
--- /dev/null
+++ b/Zend/tests/gh13446_2.phpt
@@ -0,0 +1,16 @@
+--TEST--
+GH-13446: Exception handler attempting to free itself
+--FILE--
+<?php
+$x = new \stdClass();
+$handler = function ($ex) use (&$handler, $x) {
+    $handler = null;
+    var_dump($x);
+};
+unset($x);
+set_exception_handler($handler);
+throw new Exception('Unhandled');
+?>
+--EXPECT--
+object(stdClass)#1 (0) {
+}
diff --git a/Zend/tests/gh13446_3.phpt b/Zend/tests/gh13446_3.phpt
new file mode 100644
index 0000000000000..eb56eb1b32d89
--- /dev/null
+++ b/Zend/tests/gh13446_3.phpt
@@ -0,0 +1,25 @@
+--TEST--
+GH-13446: Exception handler isn't restored if it is previously modified
+--FILE--
+<?php
+function exception_handler_1($ex) {
+    echo "Handler 1\n";
+    set_exception_handler('exception_handler_2');
+}
+
+function exception_handler_2($ex) {
+    echo "Handler 2\n";
+}
+
+set_exception_handler('exception_handler_1');
+
+register_shutdown_function(function () {
+    echo set_exception_handler(null), "\n";
+    restore_exception_handler();
+});
+
+throw new Exception();
+?>
+--EXPECT--
+Handler 1
+exception_handler_2
diff --git a/Zend/tests/gh13446_4.phpt b/Zend/tests/gh13446_4.phpt
new file mode 100644
index 0000000000000..634d16f38a0a3
--- /dev/null
+++ b/Zend/tests/gh13446_4.phpt
@@ -0,0 +1,21 @@
+--TEST--
+GH-13446: Exception handler isn't restored if stack is empty
+--FILE--
+<?php
+function exception_handler() {
+    echo "Handler\n";
+    restore_exception_handler();
+    restore_exception_handler();
+}
+set_exception_handler('exception_handler');
+
+register_shutdown_function(function () {
+    var_dump(set_exception_handler(null));
+    restore_exception_handler();
+});
+
+throw new Exception();
+?>
+--EXPECT--
+Handler
+NULL
diff --git a/Zend/zend.c b/Zend/zend.c
index d154c67382a72..28922647bba1d 100644
--- a/Zend/zend.c
+++ b/Zend/zend.c
@@ -1839,7 +1839,9 @@ ZEND_API ZEND_COLD void zend_user_exception_handler(void) /* {{{ */
 	old_exception = EG(exception);
 	EG(exception) = NULL;
 	ZVAL_OBJ(&params[0], old_exception);
+
 	ZVAL_COPY_VALUE(&orig_user_exception_handler, &EG(user_exception_handler));
+	zend_stack_push(&EG(user_exception_handlers), &orig_user_exception_handler);
 	ZVAL_UNDEF(&EG(user_exception_handler));
 
 	if (call_user_function(CG(function_table), NULL, &orig_user_exception_handler, &retval2, 1, params) == SUCCESS) {
@@ -1853,7 +1855,13 @@ ZEND_API ZEND_COLD void zend_user_exception_handler(void) /* {{{ */
 		EG(exception) = old_exception;
 	}
 
-	zval_ptr_dtor(&orig_user_exception_handler);
+	if (Z_TYPE(EG(user_exception_handler)) == IS_UNDEF) {
+		zval *tmp = zend_stack_top(&EG(user_exception_handlers));
+		if (tmp) {
+			ZVAL_COPY_VALUE(&EG(user_exception_handler), tmp);
+			zend_stack_del_top(&EG(user_exception_handlers));
+		}
+	}
 } /* }}} */
 
 ZEND_API zend_result zend_execute_scripts(int type, zval *retval, int file_count, ...) /* {{{ */