diff --git a/integration/kotlinx-coroutines-guava/src/test/kotlin/kotlinx/coroutines/experimental/guava/ListenableFutureExceptionsTest.kt b/integration/kotlinx-coroutines-guava/src/test/kotlin/kotlinx/coroutines/experimental/guava/ListenableFutureExceptionsTest.kt
new file mode 100644
index 0000000..2646dfa
--- /dev/null
+++ b/integration/kotlinx-coroutines-guava/src/test/kotlin/kotlinx/coroutines/experimental/guava/ListenableFutureExceptionsTest.kt
@@ -0,0 +1,81 @@
+package kotlinx.coroutines.experimental.guava
+
+import com.google.common.util.concurrent.*
+import kotlinx.coroutines.experimental.*
+import org.junit.Test
+import java.io.*
+import java.util.concurrent.*
+import kotlin.coroutines.experimental.*
+import kotlin.test.*
+
+class ListenableFutureExceptionsTest : TestBase() {
+
+    @Test
+    fun testAwait() {
+        testException(IOException(), { it is IOException })
+    }
+
+    @Test
+    fun testAwaitChained() {
+        testException(IOException(), { it is IOException }, { i -> i!! + 1 })
+    }
+
+    @Test
+    fun testAwaitCompletionException() {
+        testException(CompletionException("test", IOException()), { it is CompletionException })
+    }
+
+    @Test
+    fun testAwaitChainedCompletionException() {
+        testException(
+            CompletionException("test", IOException()),
+            { it is CompletionException },
+            { i -> i!! + 1 })
+    }
+
+    @Test
+    fun testAwaitTestException() {
+        testException(TestException(), { it is TestException })
+    }
+
+    @Test
+    fun testAwaitChainedTestException() {
+        testException(TestException(), { it is TestException }, { i -> i!! + 1 })
+    }
+
+    class TestException : CompletionException("test2")
+
+    private fun testException(
+        exception: Exception,
+        expected: ((Throwable) -> Boolean),
+        transformer: ((Int?) -> Int?)? = null
+    ) {
+
+        // Fast path
+        runTest {
+            val future = SettableFuture.create<Int>()
+            val chained = if (transformer == null) future else Futures.transform(future, transformer)
+            future.setException(exception)
+            try {
+                chained.await()
+            } catch (e: Exception) {
+                assertTrue(expected(e))
+            }
+        }
+
+        // Slow path
+        runTest {
+            val future = SettableFuture.create<Int>()
+            val chained = if (transformer == null) future else Futures.transform(future, transformer)
+            launch(coroutineContext) {
+                future.setException(exception)
+            }
+
+            try {
+                chained.await()
+            } catch (e: Exception) {
+                assertTrue(expected(e))
+            }
+        }
+    }
+}
diff --git a/integration/kotlinx-coroutines-jdk8/src/main/kotlin/kotlinx/coroutines/experimental/future/Future.kt b/integration/kotlinx-coroutines-jdk8/src/main/kotlin/kotlinx/coroutines/experimental/future/Future.kt
index d476990..357ac1c 100644
--- a/integration/kotlinx-coroutines-jdk8/src/main/kotlin/kotlinx/coroutines/experimental/future/Future.kt
+++ b/integration/kotlinx-coroutines-jdk8/src/main/kotlin/kotlinx/coroutines/experimental/future/Future.kt
@@ -188,10 +188,13 @@
     @Suppress("UNCHECKED_CAST")
     override fun accept(result: T?, exception: Throwable?) {
         val cont = this.cont ?: return // atomically read current value unless null
-        if (exception == null) // the future has been completed normally
+        if (exception == null) {
+            // the future has been completed normally
             cont.resume(result as T)
-        else // the future has completed with an exception
-            cont.resumeWithException(exception)
+        } else {
+            // the future has completed with an exception, unwrap it to provide consistent view of .await() result and to propagate only original exception
+            cont.resumeWithException((exception as? CompletionException)?.cause ?: exception)
+        }
     }
 }
 
@@ -214,4 +217,4 @@
 public fun <T> future(
     context: CoroutineContext = CommonPool,
     block: suspend () -> T
-): CompletableFuture<T> = future(context=context) { block() }
+): CompletableFuture<T> = future(context = context) { block() }
diff --git a/integration/kotlinx-coroutines-jdk8/src/test/kotlin/kotlinx/coroutines/experimental/future/FutureExceptionsTest.kt b/integration/kotlinx-coroutines-jdk8/src/test/kotlin/kotlinx/coroutines/experimental/future/FutureExceptionsTest.kt
new file mode 100644
index 0000000..e3a2126
--- /dev/null
+++ b/integration/kotlinx-coroutines-jdk8/src/test/kotlin/kotlinx/coroutines/experimental/future/FutureExceptionsTest.kt
@@ -0,0 +1,86 @@
+package kotlinx.coroutines.experimental.future
+
+import kotlinx.coroutines.experimental.*
+import org.junit.Test
+import java.io.*
+import java.util.concurrent.*
+import kotlin.coroutines.experimental.*
+import kotlin.test.*
+
+class FutureExceptionsTest : TestBase() {
+
+    @Test
+    fun testAwait() {
+        testException(IOException(), { it is IOException })
+    }
+
+    @Test
+    fun testAwaitChained() {
+        testException(IOException(), { it is IOException }, { f -> f.thenApply { it + 1 } })
+    }
+
+    @Test
+    fun testAwaitDeepChain() {
+        testException(IOException(), { it is IOException },
+            { f -> f
+                .thenApply { it + 1 }
+                .thenApply { it + 2 } })
+    }
+
+    @Test
+    fun testAwaitCompletionException() {
+        testException(CompletionException("test", IOException()), { it is IOException })
+    }
+
+    @Test
+    fun testAwaitChainedCompletionException() {
+        testException(CompletionException("test", IOException()), { it is IOException }, { f -> f.thenApply { it + 1 } })
+    }
+
+    @Test
+    fun testAwaitTestException() {
+        testException(TestException(), { it is TestException })
+    }
+
+    @Test
+    fun testAwaitChainedTestException() {
+        testException(TestException(), { it is TestException }, { f -> f.thenApply { it + 1 } })
+    }
+
+    class TestException : CompletionException("test2")
+
+    private fun testException(
+        exception: Exception,
+        expected: ((Throwable) -> Boolean),
+        transformer: (CompletableFuture<Int>) -> CompletableFuture<Int> = { it }
+    ) {
+
+        // Fast path
+        runTest {
+            val future = CompletableFuture<Int>()
+            val chained = transformer(future)
+            future.completeExceptionally(exception)
+            try {
+                chained.await()
+            } catch (e: Exception) {
+                assertTrue(expected(e))
+            }
+        }
+
+        // Slow path
+        runTest {
+            val future = CompletableFuture<Int>()
+            val chained = transformer(future)
+
+            launch(coroutineContext) {
+                future.completeExceptionally(exception)
+            }
+
+            try {
+                chained.await()
+            } catch (e: Exception) {
+                assertTrue(expected(e))
+            }
+        }
+    }
+}