diff --git a/src/multi.c b/src/multi.c
index eee9748c5..3846021b3 100644
--- a/src/multi.c
+++ b/src/multi.c
@@ -96,7 +96,7 @@ void execCommand(redisClient *c) {
         c->flags &= ~(REDIS_MULTI|REDIS_DIRTY_CAS);
         unwatchAllKeys(c);
         addReply(c,shared.nullmultibulk);
-        return;
+        goto handle_monitor;
     }
 
     /* Replicate a MULTI request now that we are sure the block is executed.
@@ -132,6 +132,15 @@ void execCommand(redisClient *c) {
      * always send the MULTI command (we can't know beforehand if the
      * next operations will contain at least a modification to the DB). */
     server.dirty++;
+
+handle_monitor:
+    /* Send EXEC to clients waiting data from MONITOR. We do it here
+     * since the natural order of commands execution is actually:
+     * MUTLI, EXEC, ... commands inside transaction ...
+     * Instead EXEC is flagged as REDIS_CMD_SKIP_MONITOR in the command
+     * table, and we do it here with correct ordering. */
+    if (listLength(server.monitors) && !server.loading)
+        replicationFeedMonitors(c,server.monitors,c->db->id,c->argv,c->argc);
 }
 
 /* ===================== WATCH (CAS alike for MULTI/EXEC) ===================
diff --git a/src/redis.c b/src/redis.c
index 784d56e48..effab5ecc 100644
--- a/src/redis.c
+++ b/src/redis.c
@@ -110,6 +110,7 @@ struct redisCommand *commandTable;
  * t: Allow command while a slave has stale data but is not allowed to
  *    server this data. Normally no command is accepted in this condition
  *    but just a few.
+ * M: Do not automatically propagate the command on MONITOR.
  */
 struct redisCommand redisCommandTable[] = {
     {"get",getCommand,2,"r",0,NULL,1,1,1,0,0},
@@ -216,7 +217,7 @@ struct redisCommand redisCommandTable[] = {
     {"lastsave",lastsaveCommand,1,"r",0,NULL,0,0,0,0,0},
     {"type",typeCommand,2,"r",0,NULL,1,1,1,0,0},
     {"multi",multiCommand,1,"rs",0,NULL,0,0,0,0,0},
-    {"exec",execCommand,1,"s",0,NULL,0,0,0,0,0},
+    {"exec",execCommand,1,"sM",0,NULL,0,0,0,0,0},
     {"discard",discardCommand,1,"rs",0,NULL,0,0,0,0,0},
     {"sync",syncCommand,1,"ars",0,NULL,0,0,0,0,0},
     {"replconf",replconfCommand,-1,"ars",0,NULL,0,0,0,0,0},
@@ -1386,6 +1387,7 @@ void populateCommandTable(void) {
             case 'S': c->flags |= REDIS_CMD_SORT_FOR_SCRIPT; break;
             case 'l': c->flags |= REDIS_CMD_LOADING; break;
             case 't': c->flags |= REDIS_CMD_STALE; break;
+            case 'M': c->flags |= REDIS_CMD_SKIP_MONITOR; break;
             default: redisPanic("Unsupported command flag"); break;
             }
             f++;
@@ -1461,7 +1463,7 @@ struct redisCommand *lookupCommandByCString(char *s) {
 }
 
 /* Propagate the specified command (in the context of the specified database id)
- * to AOF, Slaves and Monitors.
+ * to AOF and Slaves.
  *
  * flags are an xor between:
  * + REDIS_PROPAGATE_NONE (no propagation of command at all)
@@ -1491,8 +1493,12 @@ void call(redisClient *c, int flags) {
 
     /* Sent the command to clients in MONITOR mode, only if the commands are
      * not geneated from reading an AOF. */
-    if (listLength(server.monitors) && !server.loading)
+    if (listLength(server.monitors) &&
+        !server.loading &&
+        !(c->cmd->flags & REDIS_CMD_SKIP_MONITOR))
+    {
         replicationFeedMonitors(c,server.monitors,c->db->id,c->argv,c->argc);
+    }
 
     /* Call the command. */
     redisOpArrayInit(&server.also_propagate);
diff --git a/src/redis.h b/src/redis.h
index 24efef57b..5e8df1460 100644
--- a/src/redis.h
+++ b/src/redis.h
@@ -86,6 +86,7 @@
 #define REDIS_CMD_SORT_FOR_SCRIPT 256       /* "S" flag */
 #define REDIS_CMD_LOADING 512               /* "l" flag */
 #define REDIS_CMD_STALE 1024                /* "t" flag */
+#define REDIS_CMD_SKIP_MONITOR 2048         /* "M" flag */
 
 /* Object types */
 #define REDIS_STRING 0