diff --git a/Lib/ftplib.py b/Lib/ftplib.py
index c8eb078..a0c3578 100644
--- a/Lib/ftplib.py
+++ b/Lib/ftplib.py
@@ -297,6 +297,8 @@
             resp = self.sendport(host, port)
         else:
             resp = self.sendeprt(host, port)
+        if self.timeout is not _GLOBAL_DEFAULT_TIMEOUT:
+            sock.settimeout(self.timeout)
         return sock
 
     def makepasv(self):
@@ -349,6 +351,8 @@
             if resp[0] != '1':
                 raise error_reply(resp)
             conn, sockaddr = sock.accept()
+            if self.timeout is not _GLOBAL_DEFAULT_TIMEOUT:
+                conn.settimeout(self.timeout)
         if resp[:3] == '150':
             # this is conditional in case we received a 125
             size = parse150(resp)
diff --git a/Misc/NEWS b/Misc/NEWS
index db9cb05..4657757 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -318,6 +318,9 @@
 Library
 -------
 
+- Issue #4814: timeout parameter is now applied also for connections resulting
+  from PORT/EPRT commands.
+
 - Issue #8463: added missing reference to bztar in shutil's documentation.
 
 - Issue #7154: urllib.request can now detect the proxy settings on OSX 10.6