diff --git a/src/messages.js b/src/messages.js
index 8ea31eaadb..cbbb70eb1a 100644
--- a/src/messages.js
+++ b/src/messages.js
@@ -57,11 +57,13 @@ function FormatString(format, message) {
   for (var i = 0; i < format.length; i++) {
     var str = format[i];
     for (arg_num = 0; arg_num < kReplacementMarkers.length; arg_num++) {
-      if (str !== kReplacementMarkers[arg_num]) continue;
-      try {
-        str = ToDetailString(args[arg_num]);
-      } catch (e) {
-        str = "#<error>";
+      if (str == kReplacementMarkers[arg_num]) {
+        try {
+          str = ToDetailString(args[arg_num]);
+        } catch (e) {
+          str = "#<error>";
+        }
+        break;
       }
     }
     result += str;
diff --git a/test/message/replacement-marker-as-argument.js b/test/message/replacement-marker-as-argument.js
new file mode 100644
index 0000000000..9036654d98
--- /dev/null
+++ b/test/message/replacement-marker-as-argument.js
@@ -0,0 +1,31 @@
+// Copyright 2011 the V8 project authors. All rights reserved.
+// Redistribution and use in source and binary forms, with or without
+// modification, are permitted provided that the following conditions are
+// met:
+//
+//     * Redistributions of source code must retain the above copyright
+//       notice, this list of conditions and the following disclaimer.
+//     * Redistributions in binary form must reproduce the above
+//       copyright notice, this list of conditions and the following
+//       disclaimer in the documentation and/or other materials provided
+//       with the distribution.
+//     * Neither the name of Google Inc. nor the names of its
+//       contributors may be used to endorse or promote products derived
+//       from this software without specific prior written permission.
+//
+// THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS
+// "AS IS" AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT
+// LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR
+// A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT
+// OWNER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL,
+// SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT
+// LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE,
+// DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY
+// THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT
+// (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE
+// OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
+
+"use strict";
+
+var o = { get "%3" (){} };
+o["%3"] = 10;
\ No newline at end of file
diff --git a/test/message/replacement-marker-as-argument.out b/test/message/replacement-marker-as-argument.out
new file mode 100644
index 0000000000..a91fe5b7e2
--- /dev/null
+++ b/test/message/replacement-marker-as-argument.out
@@ -0,0 +1,32 @@
+# Copyright 2011 the V8 project authors. All rights reserved.
+# Redistribution and use in source and binary forms, with or without
+# modification, are permitted provided that the following conditions are
+# met:
+#
+#     * Redistributions of source code must retain the above copyright
+#       notice, this list of conditions and the following disclaimer.
+#     * Redistributions in binary form must reproduce the above
+#       copyright notice, this list of conditions and the following
+#       disclaimer in the documentation and/or other materials provided
+#       with the distribution.
+#     * Neither the name of Google Inc. nor the names of its
+#       contributors may be used to endorse or promote products derived
+#       from this software without specific prior written permission.
+#
+# THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS
+# "AS IS" AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT
+# LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR
+# A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT
+# OWNER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL,
+# SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT
+# LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE,
+# DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY
+# THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT
+# (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE
+# OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
+
+*%(basename)s:31: TypeError: Cannot set property %%3 of #<Object> which has only a getter
+o["%%3"] = 10;
+        ^
+TypeError: Cannot set property %%3 of #<Object> which has only a getter
+    at *%(basename)s:31:9