diff --git a/CHANGELOG b/CHANGELOG
index 11445503c..056075fbf 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -16,6 +16,10 @@
 - Support building wheels by using environment markers for the
   requirements.  Thanks Ionel Maries Cristian.
 
+- fixed regression to 2.6.4 which surfaced e.g. in lost stdout capture printing
+  when tests raised SystemExit. Thanks Holger Krekel.
+
+
 2.7.0 (compared to 2.6.4)
 -----------------------------
 
diff --git a/_pytest/core.py b/_pytest/core.py
index 6822e22fd..134a93ed0 100644
--- a/_pytest/core.py
+++ b/_pytest/core.py
@@ -121,7 +121,7 @@ class CallOutcome:
     def __init__(self, func):
         try:
             self.result = func()
-        except Exception:
+        except BaseException:
             self.excinfo = sys.exc_info()
 
     def force_result(self, result):
diff --git a/testing/test_core.py b/testing/test_core.py
index 1ab39f665..631e88ae9 100644
--- a/testing/test_core.py
+++ b/testing/test_core.py
@@ -607,6 +607,21 @@ class TestMultiCall:
         assert "m1" in str(ex.value)
         assert "test_core.py:" in str(ex.value)
 
+    @pytest.mark.parametrize("exc", [ValueError, SystemExit])
+    def test_hookwrapper_exception(self, exc):
+        l = []
+        def m1():
+            l.append("m1 init")
+            yield None
+            l.append("m1 finish")
+        m1.hookwrapper = True
+
+        def m2():
+            raise exc
+        with pytest.raises(exc):
+            MultiCall([m2, m1], {}).execute()
+        assert l == ["m1 init", "m1 finish"]
+
 
 class TestHookRelay:
     def test_happypath(self):