diff --git a/hibernate-core/src/main/java/org/hibernate/engine/internal/StatefulPersistenceContext.java b/hibernate-core/src/main/java/org/hibernate/engine/internal/StatefulPersistenceContext.java
index 0aa9d1dc43..72f0d787b1 100644
--- a/hibernate-core/src/main/java/org/hibernate/engine/internal/StatefulPersistenceContext.java
+++ b/hibernate-core/src/main/java/org/hibernate/engine/internal/StatefulPersistenceContext.java
@@ -1701,6 +1701,22 @@ public class StatefulPersistenceContext implements PersistenceContext {
 
 	@Override
 	public void loadedStateUpdatedNotification(EntityEntry entityEntry) {
+		final EntityPersister persister = entityEntry.getPersister();
+		if ( ! persister.hasNaturalIdentifier() ) {
+			// nothing to do
+			return;
+		}
+
+		// extract the natural id values
+		final int[] naturalIdPropertyIndexes = persister.getNaturalIdentifierProperties();
+		final Object[] naturalIdValues = new Object[ naturalIdPropertyIndexes.length ];
+		int i = 0;
+		for ( int naturalIdPropertyIndex : naturalIdPropertyIndexes ) {
+			naturalIdValues[i++] = entityEntry.getLoadedState()[ naturalIdPropertyIndex ];
+		}
+
+		// re-cache
+		cacheNaturalIdResolution( persister, entityEntry.getId(), naturalIdValues );
 	}
 
 	private class NaturalId {
diff --git a/hibernate-core/src/matrix/java/org/hibernate/test/jpa/naturalid/Group.java b/hibernate-core/src/matrix/java/org/hibernate/test/jpa/naturalid/Group.java
new file mode 100644
index 0000000000..88c143f057
--- /dev/null
+++ b/hibernate-core/src/matrix/java/org/hibernate/test/jpa/naturalid/Group.java
@@ -0,0 +1,67 @@
+/*
+ * Hibernate, Relational Persistence for Idiomatic Java
+ *
+ * Copyright (c) 2012, Red Hat Inc. or third-party contributors as
+ * indicated by the @author tags or express copyright attribution
+ * statements applied by the authors.  All third-party contributions are
+ * distributed under license by Red Hat Inc.
+ *
+ * This copyrighted material is made available to anyone wishing to use, modify,
+ * copy, or redistribute it subject to the terms and conditions of the GNU
+ * Lesser General Public License, as published by the Free Software Foundation.
+ *
+ * This program is distributed in the hope that it will be useful,
+ * but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY
+ * or FITNESS FOR A PARTICULAR PURPOSE.  See the GNU Lesser General Public License
+ * for more details.
+ *
+ * You should have received a copy of the GNU Lesser General Public License
+ * along with this distribution; if not, write to:
+ * Free Software Foundation, Inc.
+ * 51 Franklin Street, Fifth Floor
+ * Boston, MA  02110-1301  USA
+ */
+package org.hibernate.test.jpa.naturalid;
+
+import javax.persistence.Entity;
+import javax.persistence.Id;
+import javax.persistence.Table;
+
+import org.hibernate.NaturalIdMutability;
+import org.hibernate.annotations.NaturalId;
+
+/**
+ * @author Steve Ebersole
+ */
+@Entity
+@Table(name = "T_GROUP")
+public class Group {
+	private Integer id;
+	private String name;
+
+	public Group() {
+	}
+
+	public Group(Integer id, String name) {
+		this.id = id;
+		this.name = name;
+	}
+
+	@Id
+	public Integer getId() {
+		return id;
+	}
+
+	public void setId(Integer id) {
+		this.id = id;
+	}
+
+	@NaturalId(mutability = NaturalIdMutability.MUTABLE)
+	public String getName() {
+		return name;
+	}
+
+	public void setName(String name) {
+		this.name = name;
+	}
+}
diff --git a/hibernate-core/src/matrix/java/org/hibernate/test/jpa/naturalid/MutableNaturalIdTest.java b/hibernate-core/src/matrix/java/org/hibernate/test/jpa/naturalid/MutableNaturalIdTest.java
new file mode 100644
index 0000000000..46a5aff501
--- /dev/null
+++ b/hibernate-core/src/matrix/java/org/hibernate/test/jpa/naturalid/MutableNaturalIdTest.java
@@ -0,0 +1,72 @@
+/*
+ * Hibernate, Relational Persistence for Idiomatic Java
+ *
+ * Copyright (c) 2012, Red Hat Inc. or third-party contributors as
+ * indicated by the @author tags or express copyright attribution
+ * statements applied by the authors.  All third-party contributions are
+ * distributed under license by Red Hat Inc.
+ *
+ * This copyrighted material is made available to anyone wishing to use, modify,
+ * copy, or redistribute it subject to the terms and conditions of the GNU
+ * Lesser General Public License, as published by the Free Software Foundation.
+ *
+ * This program is distributed in the hope that it will be useful,
+ * but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY
+ * or FITNESS FOR A PARTICULAR PURPOSE.  See the GNU Lesser General Public License
+ * for more details.
+ *
+ * You should have received a copy of the GNU Lesser General Public License
+ * along with this distribution; if not, write to:
+ * Free Software Foundation, Inc.
+ * 51 Franklin Street, Fifth Floor
+ * Boston, MA  02110-1301  USA
+ */
+package org.hibernate.test.jpa.naturalid;
+
+import org.hibernate.Session;
+
+import org.junit.Test;
+
+import org.hibernate.test.jpa.AbstractJPATest;
+
+import static org.junit.Assert.assertNotNull;
+import static org.junit.Assert.assertTrue;
+
+/**
+ * @author Steve Ebersole
+ */
+public class MutableNaturalIdTest extends AbstractJPATest {
+	@Override
+	protected Class<?>[] getAnnotatedClasses() {
+		return new Class[] { Group.class };
+	}
+
+	@Test
+	public void testSimpleNaturalIdLoadAccessCacheWithUpdate() {
+		Session s = openSession();
+		s.beginTransaction();
+		Group g = new Group( 1, "admin" );
+		s.persist( g );
+		s.getTransaction().commit();
+		s.close();
+
+		s = openSession();
+		s.beginTransaction();
+		g = (Group) s.bySimpleNaturalId( Group.class ).load( "admin" );
+		assertNotNull( g );
+		Group g2 = (Group) s.bySimpleNaturalId( Group.class ).getReference( "admin" );
+		assertTrue( g == g2 );
+		g.setName( "admins" );
+		s.flush();
+		g2 = (Group) s.bySimpleNaturalId( Group.class ).getReference( "admins" );
+		assertTrue( g == g2 );
+		s.getTransaction().commit();
+		s.close();
+
+		s = openSession();
+		s.beginTransaction();
+		s.createQuery( "delete Group" ).executeUpdate();
+		s.getTransaction().commit();
+		s.close();
+	}
+}