diff --git a/its/core-it-suite/src/test/java/org/apache/maven/it/IntegrationTestSuite.java b/its/core-it-suite/src/test/java/org/apache/maven/it/IntegrationTestSuite.java
index c43b2dc4de..1fe086639f 100644
--- a/its/core-it-suite/src/test/java/org/apache/maven/it/IntegrationTestSuite.java
+++ b/its/core-it-suite/src/test/java/org/apache/maven/it/IntegrationTestSuite.java
@@ -89,6 +89,7 @@ public class IntegrationTestSuite
         // suite.addTestSuite( MavenIT0109ReleaseUpdateTest.class );
         // suite.addTestSuite( MavenIT0108SnapshotUpdateTest.class ); -- MNG-3137
 
+        suite.addTestSuite( MavenITmng4034ManagedProfileDependencyTest.class );
         suite.addTestSuite( MavenITmng4026ReactorDependenciesOrderTest.class );
         suite.addTestSuite( MavenITmng4023ParentProfileOneTimeInjectionTest.class );
         suite.addTestSuite( MavenITmng4016PrefixedPropertyInterpolationTest.class );
diff --git a/its/core-it-suite/src/test/java/org/apache/maven/it/MavenITmng4034ManagedProfileDependencyTest.java b/its/core-it-suite/src/test/java/org/apache/maven/it/MavenITmng4034ManagedProfileDependencyTest.java
new file mode 100644
index 0000000000..295f3e2f66
--- /dev/null
+++ b/its/core-it-suite/src/test/java/org/apache/maven/it/MavenITmng4034ManagedProfileDependencyTest.java
@@ -0,0 +1,64 @@
+package org.apache.maven.it;
+
+/*
+ * Licensed to the Apache Software Foundation (ASF) under one
+ * or more contributor license agreements.  See the NOTICE file
+ * distributed with this work for additional information
+ * regarding copyright ownership.  The ASF licenses this file
+ * to you under the Apache License, Version 2.0 (the
+ * "License"); you may not use this file except in compliance
+ * with the License.  You may obtain a copy of the License at
+ *
+ *   http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing,
+ * software distributed under the License is distributed on an
+ * "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+ * KIND, either express or implied.  See the License for the
+ * specific language governing permissions and limitations
+ * under the License.
+ */
+
+import org.apache.maven.it.Verifier;
+import org.apache.maven.it.util.ResourceExtractor;
+
+import java.io.File;
+import java.util.Collections;
+import java.util.List;
+
+/**
+ * This is a test set for <a href="http://jira.codehaus.org/browse/MNG-4034">MNG-4034</a>.
+ * 
+ * @author Benjamin Bentmann
+ * @version $Id$
+ */
+public class MavenITmng4034ManagedProfileDependencyTest
+    extends AbstractMavenIntegrationTestCase
+{
+
+    public MavenITmng4034ManagedProfileDependencyTest()
+    {
+        super( "[2.0,)" );
+    }
+
+    /**
+     * Verify that dependencies defined in profiles get their version injected from the dependency management of the
+     * parent.
+     */
+    public void testitMNG4034()
+        throws Exception
+    {
+        File testDir = ResourceExtractor.simpleExtractResources( getClass(), "/mng-4034" );
+
+        Verifier verifier = new Verifier( new File( testDir, "sub" ).getAbsolutePath() );
+        verifier.setAutoclean( false );
+        verifier.deleteDirectory( "target" );
+        verifier.executeGoal( "validate" );
+        verifier.verifyErrorFreeLog();
+        verifier.resetStreams();
+
+        List artifacts = verifier.loadLines( "target/artifacts.txt", "UTF-8" );
+        assertEquals( Collections.singletonList( "org.apache.maven.its:maven-core-it-support:jar:1.0" ), artifacts );
+    }
+
+}
diff --git a/its/core-it-suite/src/test/resources/mng-4034/pom.xml b/its/core-it-suite/src/test/resources/mng-4034/pom.xml
new file mode 100644
index 0000000000..295acd95ae
--- /dev/null
+++ b/its/core-it-suite/src/test/resources/mng-4034/pom.xml
@@ -0,0 +1,49 @@
+<?xml version="1.0" encoding="UTF-8"?>
+
+<!--
+Licensed to the Apache Software Foundation (ASF) under one
+or more contributor license agreements.  See the NOTICE file
+distributed with this work for additional information
+regarding copyright ownership.  The ASF licenses this file
+to you under the Apache License, Version 2.0 (the
+"License"); you may not use this file except in compliance
+with the License.  You may obtain a copy of the License at
+
+  http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing,
+software distributed under the License is distributed on an
+"AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+KIND, either express or implied.  See the License for the
+specific language governing permissions and limitations
+under the License.
+-->
+
+<project>
+  <modelVersion>4.0.0</modelVersion>
+
+  <groupId>org.apache.maven.its.mng4034</groupId>
+  <artifactId>parent</artifactId>
+  <version>1.0-SNAPSHOT</version>
+  <packaging>pom</packaging>
+
+  <name>Maven Integration Test :: MNG-4034</name> 
+  <description>
+    Verify that dependencies defined in profiles get their version injected from the dependency management of the
+    parent.
+  </description>
+
+  <modules>
+    <module>sub</module>
+  </modules>
+
+  <dependencyManagement>
+    <dependencies>
+      <dependency>
+        <groupId>org.apache.maven.its</groupId>
+        <artifactId>maven-core-it-support</artifactId>
+        <version>1.0</version>
+      </dependency>
+    </dependencies>
+  </dependencyManagement>
+</project>
diff --git a/its/core-it-suite/src/test/resources/mng-4034/sub/pom.xml b/its/core-it-suite/src/test/resources/mng-4034/sub/pom.xml
new file mode 100644
index 0000000000..12845f2dc8
--- /dev/null
+++ b/its/core-it-suite/src/test/resources/mng-4034/sub/pom.xml
@@ -0,0 +1,77 @@
+<?xml version="1.0" encoding="UTF-8"?>
+
+<!--
+Licensed to the Apache Software Foundation (ASF) under one
+or more contributor license agreements.  See the NOTICE file
+distributed with this work for additional information
+regarding copyright ownership.  The ASF licenses this file
+to you under the Apache License, Version 2.0 (the
+"License"); you may not use this file except in compliance
+with the License.  You may obtain a copy of the License at
+
+  http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing,
+software distributed under the License is distributed on an
+"AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+KIND, either express or implied.  See the License for the
+specific language governing permissions and limitations
+under the License.
+-->
+
+<project>
+  <modelVersion>4.0.0</modelVersion>
+
+  <parent>
+    <groupId>org.apache.maven.its.mng4034</groupId>
+    <artifactId>parent</artifactId>
+    <version>1.0-SNAPSHOT</version>
+  </parent>
+
+  <groupId>org.apache.maven.its.mng4034</groupId>
+  <artifactId>child</artifactId>
+  <version>1.0-SNAPSHOT</version>
+
+  <name>Maven Integration Test :: MNG-4034</name> 
+  <description>
+    Verify that dependencies defined in profiles get their version injected from the dependency management of the
+    parent.
+  </description>
+
+  <profiles>
+    <profile>
+      <id>maven-core-it</id>
+      <activation>
+        <activeByDefault>true</activeByDefault>
+      </activation>
+      <dependencies>
+        <dependency>
+          <groupId>org.apache.maven.its</groupId>
+          <artifactId>maven-core-it-support</artifactId>
+          <!-- version should be injected from dependency management of parent -->
+        </dependency>
+      </dependencies>
+      <build>
+        <plugins>
+          <plugin>
+            <groupId>org.apache.maven.its.plugins</groupId>
+            <artifactId>maven-it-plugin-dependency-resolution</artifactId>
+            <version>2.1-SNAPSHOT</version>
+            <configuration>
+              <compileArtifacts>target/artifacts.txt</compileArtifacts>
+            </configuration>
+            <executions>
+              <execution>
+                <id>test</id>
+                <phase>validate</phase>
+                <goals>
+                  <goal>compile</goal>
+                </goals>
+              </execution>
+            </executions>
+          </plugin>
+        </plugins>
+      </build>
+    </profile>
+  </profiles>
+</project>