diff --git a/Kotlin.iml b/Kotlin.iml
index 3f39175111a..b6a2ec05a74 100644
--- a/Kotlin.iml
+++ b/Kotlin.iml
@@ -5,6 +5,7 @@
     <content url="file://$MODULE_DIR$">
       <excludeFolder url="$MODULE_DIR$/libraries/out" />
       <excludeFolder url="file://$MODULE_DIR$/android.tests.dependencies" />
+      <excludeFolder url="file://$MODULE_DIR$/dependencies" />
       <excludeFolder url="file://$MODULE_DIR$/dist" />
       <excludeFolder url="file://$MODULE_DIR$/ideaSDK/config" />
       <excludeFolder url="file://$MODULE_DIR$/ideaSDK/system" />