diff --git a/Lib/test/test_float.py b/Lib/test/test_float.py
index d616ad9543d..fb47db8eb08 100644
--- a/Lib/test/test_float.py
+++ b/Lib/test/test_float.py
@@ -99,25 +99,12 @@ class IEEEFormatTestCase(unittest.TestCase):
                               ('<f', LE_FLOAT_NAN)]:
                 struct.unpack(fmt, data)
 
-# on an IEEE platform, "overflowing" operations produce infinity
-
-class IEEEOperationsTestCase(unittest.TestCase):
-    if float.__getformat__("double").startswith("IEEE"):
-        def test_double_infinity(self):
-            big = 4.8e159
-            pro = big*big
-            self.assertEquals(repr(pro), 'inf')
-            sqr = big**2
-            self.assertEquals(repr(sqr), 'inf')
-
 
 def test_main():
     test_support.run_unittest(
         FormatFunctionsTestCase,
         UnknownFormatTestCase,
-        IEEEFormatTestCase,
-        IEEEOperationsTestCase,
-        )
+        IEEEFormatTestCase)
 
 if __name__ == '__main__':
     test_main()
diff --git a/Objects/floatobject.c b/Objects/floatobject.c
index 5aeabd9d93f..fa090846692 100644
--- a/Objects/floatobject.c
+++ b/Objects/floatobject.c
@@ -821,12 +821,12 @@ float_pow(PyObject *v, PyObject *w, PyObject *z)
 	ix = pow(iv, iw);
 	PyFPE_END_PROTECT(ix)
 	Py_ADJUST_ERANGE1(ix);
-        /* we need to ignore ERANGE here and just return inf */
-	if (errno != 0 && errno != ERANGE) {
+	if (errno != 0) {
 		/* We don't expect any errno value other than ERANGE, but
 		 * the range of libm bugs appears unbounded.
 		 */
-		PyErr_SetFromErrno(PyExc_ValueError);
+		PyErr_SetFromErrno(errno == ERANGE ? PyExc_OverflowError :
+						     PyExc_ValueError);
 		return NULL;
 	}
 	return PyFloat_FromDouble(ix);