diff --git a/spring-context/src/main/java/org/springframework/cache/concurrent/ConcurrentMapCache.java b/spring-context/src/main/java/org/springframework/cache/concurrent/ConcurrentMapCache.java
index 07f50d7497..bb3a472e15 100644
--- a/spring-context/src/main/java/org/springframework/cache/concurrent/ConcurrentMapCache.java
+++ b/spring-context/src/main/java/org/springframework/cache/concurrent/ConcurrentMapCache.java
@@ -1,5 +1,5 @@
 /*
- * Copyright 2002-2014 the original author or authors.
+ * Copyright 2002-2015 the original author or authors.
  *
  * Licensed under the Apache License, Version 2.0 (the "License");
  * you may not use this file except in compliance with the License.
@@ -124,7 +124,7 @@ public class ConcurrentMapCache implements Cache {
 
 	@Override
 	public ValueWrapper putIfAbsent(Object key, Object value) {
-		Object existing = this.store.putIfAbsent(key, value);
+		Object existing = this.store.putIfAbsent(key, toStoreValue(value));
 		return toWrapper(existing);
 	}
 
@@ -169,6 +169,7 @@ public class ConcurrentMapCache implements Cache {
 		return (value != null ? new SimpleValueWrapper(fromStoreValue(value)) : null);
 	}
 
+
 	@SuppressWarnings("serial")
 	private static class NullHolder implements Serializable {
 	}
diff --git a/spring-context/src/test/java/org/springframework/cache/concurrent/ConcurrentMapCacheManagerTests.java b/spring-context/src/test/java/org/springframework/cache/concurrent/ConcurrentMapCacheManagerTests.java
index 7e19619a7d..14fdb5472d 100644
--- a/spring-context/src/test/java/org/springframework/cache/concurrent/ConcurrentMapCacheManagerTests.java
+++ b/spring-context/src/test/java/org/springframework/cache/concurrent/ConcurrentMapCacheManagerTests.java
@@ -1,5 +1,5 @@
 /*
- * Copyright 2002-2014 the original author or authors.
+ * Copyright 2002-2015 the original author or authors.
  *
  * Licensed under the Apache License, Version 2.0 (the "License");
  * you may not use this file except in compliance with the License.
@@ -50,6 +50,18 @@ public class ConcurrentMapCacheManagerTests {
 		assertEquals(2, cache1.get("key2").get());
 		cache1.put("key3", null);
 		assertNull(cache1.get("key3").get());
+		cache1.put("key3", null);
+		assertNull(cache1.get("key3").get());
+		cache1.evict("key3");
+		assertNull(cache1.get("key3"));
+
+		assertEquals("value1", cache1.putIfAbsent("key1", "value1x").get());
+		assertEquals("value1", cache1.get("key1").get());
+		assertEquals(2, cache1.putIfAbsent("key2", 2.1).get());
+		assertNull(cache1.putIfAbsent("key3", null));
+		assertNull(cache1.get("key3").get());
+		assertNull(cache1.putIfAbsent("key3", null).get());
+		assertNull(cache1.get("key3").get());
 		cache1.evict("key3");
 		assertNull(cache1.get("key3"));
 	}