diff --git a/django/utils/translation/__init__.py b/django/utils/translation/__init__.py
index e44b556c166..992e1c96646 100644
--- a/django/utils/translation/__init__.py
+++ b/django/utils/translation/__init__.py
@@ -1,6 +1,7 @@
 """
 Internationalization support.
 """
+import warnings
 from os import path
 
 from django.utils.encoding import force_unicode
@@ -41,17 +42,20 @@ class Trans(object):
         from django.conf import settings
         if settings.USE_I18N:
             from django.utils.translation import trans_real as trans
-
+            # Make sure the project's locale dir isn't in LOCALE_PATHS
             if settings.SETTINGS_MODULE is not None:
-                import warnings
                 parts = settings.SETTINGS_MODULE.split('.')
                 project = import_module(parts[0])
-                if path.isdir(path.join(path.dirname(project.__file__), 'locale')):
-                    warnings.warn(
-                        "Translations in the project directory aren't supported anymore. Use the LOCALE_PATHS setting instead.",
-                        PendingDeprecationWarning
-                    )
-
+                project_locale_path = path.normpath(
+                    path.join(path.dirname(project.__file__), 'locale'))
+                normalized_locale_paths = [path.normpath(locale_path)
+                    for locale_path in settings.LOCALE_PATHS]
+                if (path.isdir(project_locale_path) and
+                        not project_locale_path in normalized_locale_paths):
+                    warnings.warn("Translations in the project directory "
+                                  "aren't supported anymore. Use the "
+                                  "LOCALE_PATHS setting instead.",
+                                  PendingDeprecationWarning)
         else:
             from django.utils.translation import trans_null as trans
         setattr(self, real_name, getattr(trans, real_name))
diff --git a/tests/regressiontests/i18n/test_warnings.py b/tests/regressiontests/i18n/test_warnings.py
new file mode 100644
index 00000000000..519749252f8
--- /dev/null
+++ b/tests/regressiontests/i18n/test_warnings.py
@@ -0,0 +1,32 @@
+from os.path import join, normpath, abspath, dirname
+import warnings
+
+import django
+from django.conf import settings
+from django.test.utils import get_warnings_state, restore_warnings_state
+from django.utils.unittest import TestCase
+
+
+class DeprecationWarningTests(TestCase):
+
+    def setUp(self):
+        self.warning_state = get_warnings_state()
+        self.old_settings_module = settings.SETTINGS_MODULE
+        settings.SETTINGS_MODULE = 'regressiontests'
+        self.old_locale_paths = settings.LOCALE_PATHS
+
+    def tearDown(self):
+        restore_warnings_state(self.warning_state)
+        settings.SETTINGS_MODULE = self.old_settings_module
+        settings.LOCALE_PATHS = self.old_locale_paths
+
+    def test_no_warn_if_project_and_locale_paths_overlap(self):
+        """Test that PendingDeprecationWarning isn't generated when a deprecated project level locale/ subdir is also included in LOCALE_PATHS."""
+        project_path = join(dirname(abspath(__file__)), '..')
+        settings.LOCALE_PATHS += (normpath(join(project_path, 'locale')),)
+        warnings.filterwarnings('error', "Translations in the project directory aren't supported anymore\. Use the LOCALE_PATHS setting instead\.", PendingDeprecationWarning)
+        reload(django.utils.translation)
+        try:
+            django.utils.translation.ugettext('Time')
+        except PendingDeprecationWarning:
+            self.fail("PendingDeprecationWarning shouldn't be raised when settings/project locale and a LOCALE_PATHS member point to the same file system location.")
diff --git a/tests/regressiontests/i18n/tests.py b/tests/regressiontests/i18n/tests.py
index c9dc1fb45f8..9a51b4139f1 100644
--- a/tests/regressiontests/i18n/tests.py
+++ b/tests/regressiontests/i18n/tests.py
@@ -24,6 +24,7 @@ from models import Company, TestModel
 
 from commands.tests import *
 
+from test_warnings import DeprecationWarningTests
 
 class TranslationTests(TestCase):