diff --git a/backend.native/tests/build.gradle b/backend.native/tests/build.gradle
index 8027c3d41f1..a0629b2486f 100644
--- a/backend.native/tests/build.gradle
+++ b/backend.native/tests/build.gradle
@@ -1654,6 +1654,12 @@ task array_list1(type: RunKonanTest) {
     source = "runtime/collections/array_list1.kt"
 }
 
+task array_list2(type: RunKonanTest) {
+    disabled = (project.testTarget == 'wasm32') // uses exceptions
+    goldValue = "OK\n"
+    source = "runtime/collections/array_list2.kt"
+}
+
 task hash_map0(type: RunKonanTest) {
     goldValue = "OK\n"
     source = "runtime/collections/hash_map0.kt"
diff --git a/backend.native/tests/runtime/collections/array_list2.kt b/backend.native/tests/runtime/collections/array_list2.kt
new file mode 100644
index 00000000000..dd8f6e6719f
--- /dev/null
+++ b/backend.native/tests/runtime/collections/array_list2.kt
@@ -0,0 +1,31 @@
+package runtime.collections.array_list2
+
+import kotlin.test.*
+
+fun testIteratorNext() {
+    val a = arrayListOf("1", "2", "3", "4", "5")
+    val it = a.listIterator()
+    assertFailsWith<NoSuchElementException> {
+        while (true) {
+            it.next()
+        }
+    }
+}
+
+fun testIteratorPrevious() {
+    val a = arrayListOf("1", "2", "3", "4", "5")
+    val it = a.listIterator()
+    it.next()
+    assertFailsWith<NoSuchElementException> {
+        while (true) {
+            it.previous()
+        }
+    }
+}
+
+@Test fun runTest() {
+    testIteratorNext()
+    testIteratorPrevious()
+
+    println("OK")
+}
\ No newline at end of file
diff --git a/runtime/src/main/kotlin/kotlin/collections/ArrayList.kt b/runtime/src/main/kotlin/kotlin/collections/ArrayList.kt
index 9838b3737dc..ecaacab3190 100644
--- a/runtime/src/main/kotlin/kotlin/collections/ArrayList.kt
+++ b/runtime/src/main/kotlin/kotlin/collections/ArrayList.kt
@@ -308,13 +308,13 @@ actual class ArrayList<E> private constructor(
         override fun nextIndex(): Int = index
 
         override fun previous(): E {
-            if (index <= 0) throw IndexOutOfBoundsException()
+            if (index <= 0) throw NoSuchElementException()
             lastIndex = --index
             return list.array[list.offset + lastIndex]
         }
 
         override fun next(): E {
-            if (index >= list.length) throw IndexOutOfBoundsException()
+            if (index >= list.length) throw NoSuchElementException()
             lastIndex = index++
             return list.array[list.offset + lastIndex]
         }