diff --git a/libraries/kotlinx-metadata/jvm/ChangeLog.md b/libraries/kotlinx-metadata/jvm/ChangeLog.md
index dfbcdd849b4..38b34461321 100644
--- a/libraries/kotlinx-metadata/jvm/ChangeLog.md
+++ b/libraries/kotlinx-metadata/jvm/ChangeLog.md
@@ -3,6 +3,7 @@
 ## 0.0.3
 
 - Support metadata of local delegated properties (see `JvmDeclarationContainerExtensionVisitor.visitLocalDelegatedProperty`)
+- [`KT-24881`](https://youtrack.jetbrains.com/issue/KT-24881) Use correct class loader in kotlinx-metadata to load MetadataExtensions implementations
 
 ## 0.0.2
 
diff --git a/libraries/kotlinx-metadata/src/kotlinx/metadata/impl/extensions/MetadataExtensions.kt b/libraries/kotlinx-metadata/src/kotlinx/metadata/impl/extensions/MetadataExtensions.kt
index e6d36eb5066..a9c0f610670 100644
--- a/libraries/kotlinx-metadata/src/kotlinx/metadata/impl/extensions/MetadataExtensions.kt
+++ b/libraries/kotlinx-metadata/src/kotlinx/metadata/impl/extensions/MetadataExtensions.kt
@@ -46,7 +46,7 @@ interface MetadataExtensions {
 
     companion object {
         val INSTANCES: List<MetadataExtensions> by lazy {
-            ServiceLoader.load(MetadataExtensions::class.java).toList().also {
+            ServiceLoader.load(MetadataExtensions::class.java, MetadataExtensions::class.java.classLoader).toList().also {
                 if (it.isEmpty()) error(
                     "No MetadataExtensions instances found in the classpath. Please ensure that the META-INF/services/ " +
                             "is not stripped from your application and that the Java virtual machine is not running " +