diff --git a/compiler/frontend.java/src/org/jetbrains/jet/lang/resolve/java/kotlinSignature/AlternativeFieldSignatureData.java b/compiler/frontend.java/src/org/jetbrains/jet/lang/resolve/java/kotlinSignature/AlternativeFieldSignatureData.java
index d79d3b0c21a..2b23d83b92b 100644
--- a/compiler/frontend.java/src/org/jetbrains/jet/lang/resolve/java/kotlinSignature/AlternativeFieldSignatureData.java
+++ b/compiler/frontend.java/src/org/jetbrains/jet/lang/resolve/java/kotlinSignature/AlternativeFieldSignatureData.java
@@ -70,11 +70,7 @@ public class AlternativeFieldSignatureData extends ElementAlternativeSignatureDa
     }
 
     private static void checkFieldAnnotation(JetProperty altProperty, PsiFieldWrapper fieldWrapper, boolean isVar) {
-        PsiClass containingClass = fieldWrapper.getPsiField().getContainingClass();
-        String fieldLink = containingClass != null ?
-                           String.format("%s.%s", containingClass.getQualifiedName(), fieldWrapper.getName()) :
-                           fieldWrapper.getName();
-        assert (fieldLink != null);
+        String fieldLink = getFieldQualifiedName(fieldWrapper);
 
         if (!ComparatorUtil.equalsNullable(fieldWrapper.getName(), altProperty.getName())) {
             throw new AlternativeSignatureMismatchException(
@@ -99,5 +95,22 @@ public class AlternativeFieldSignatureData extends ElementAlternativeSignatureDa
                     "Wrong mutability in annotation for field '%s'",
                     fieldLink);
         }
+
+        if (altProperty.getInitializer() != null) {
+            throw new AlternativeSignatureMismatchException(
+                    "Default value is not expected in annotation for field '%s'",
+                    fieldLink);
+        }
+    }
+
+    @NotNull
+    private static String getFieldQualifiedName(PsiFieldWrapper fieldWrapper) {
+        PsiClass containingClass = fieldWrapper.getPsiField().getContainingClass();
+        String fieldLink = containingClass != null ?
+                           String.format("%s.%s", containingClass.getQualifiedName(), fieldWrapper.getName()) :
+                           fieldWrapper.getName();
+        assert (fieldLink != null);
+
+        return fieldLink;
     }
 }
diff --git a/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.java b/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.java
new file mode 100644
index 00000000000..45f4ea8fdb1
--- /dev/null
+++ b/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.java
@@ -0,0 +1,10 @@
+package test;
+
+import jet.runtime.typeinfo.KotlinSignature;
+
+import java.lang.String;
+
+public class WrongFieldInitializer {
+    @KotlinSignature("var foo : String = \"Test\"")
+    public String foo;
+}
diff --git a/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.kt b/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.kt
new file mode 100644
index 00000000000..79f06cf45b2
--- /dev/null
+++ b/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.kt
@@ -0,0 +1,7 @@
+package test
+
+import java.util.*
+
+public open class WrongFieldInitializer : Object() {
+    public var foo : String? = ""
+}
diff --git a/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.txt b/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.txt
new file mode 100644
index 00000000000..caf3310f92e
--- /dev/null
+++ b/compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.txt
@@ -0,0 +1,6 @@
+namespace test
+
+public open class test.WrongFieldInitializer : java.lang.Object {
+    public final /*constructor*/ fun <init>(): test.WrongFieldInitializer
+    public final var foo: jet.String?
+}
diff --git a/compiler/tests/org/jetbrains/jet/jvm/compiler/LoadJavaTestGenerated.java b/compiler/tests/org/jetbrains/jet/jvm/compiler/LoadJavaTestGenerated.java
index 0a6a24f2214..1cb86016756 100644
--- a/compiler/tests/org/jetbrains/jet/jvm/compiler/LoadJavaTestGenerated.java
+++ b/compiler/tests/org/jetbrains/jet/jvm/compiler/LoadJavaTestGenerated.java
@@ -353,6 +353,11 @@ public class LoadJavaTestGenerated extends AbstractLoadJavaTest {
                 doTest("compiler/testData/loadJava/kotlinSignature/error/VarargReplacedWithNotVararg.java");
             }
             
+            @TestMetadata("WrongFieldInitializer.java")
+            public void testWrongFieldInitializer() throws Exception {
+                doTest("compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.java");
+            }
+            
             @TestMetadata("WrongFieldMutability.java")
             public void testWrongFieldMutability() throws Exception {
                 doTest("compiler/testData/loadJava/kotlinSignature/error/WrongFieldMutability.java");
diff --git a/compiler/tests/org/jetbrains/jet/lang/resolve/lazy/LazyResolveNamespaceComparingTestGenerated.java b/compiler/tests/org/jetbrains/jet/lang/resolve/lazy/LazyResolveNamespaceComparingTestGenerated.java
index 4a17ae4654d..40ffc7a9474 100644
--- a/compiler/tests/org/jetbrains/jet/lang/resolve/lazy/LazyResolveNamespaceComparingTestGenerated.java
+++ b/compiler/tests/org/jetbrains/jet/lang/resolve/lazy/LazyResolveNamespaceComparingTestGenerated.java
@@ -1190,7 +1190,9 @@ public class LazyResolveNamespaceComparingTestGenerated extends AbstractLazyReso
                 }
                 
                 public void testAllFilesPresentInError() throws Exception {
-                    JetTestUtils.assertAllTestsPresentByMetadata(this.getClass(), "org.jetbrains.jet.lang.resolve.lazy.AbstractLazyResolveNamespaceComparingTest", new File("compiler/testData/loadJava/kotlinSignature/error"), "kt", true);
+                    JetTestUtils.assertAllTestsPresentByMetadata(this.getClass(),
+                                                                 "org.jetbrains.jet.lang.resolve.lazy.AbstractLazyResolveNamespaceComparingTest",
+                                                                 new File("compiler/testData/loadJava/kotlinSignature/error"), "kt", true);
                 }
                 
                 @TestMetadata("ExplicitFieldGettersAndSetters.kt")
@@ -1238,6 +1240,11 @@ public class LazyResolveNamespaceComparingTestGenerated extends AbstractLazyReso
                     doTestSinglePackage("compiler/testData/loadJava/kotlinSignature/error/VarargReplacedWithNotVararg.kt");
                 }
                 
+                @TestMetadata("WrongFieldInitializer.kt")
+                public void testWrongFieldInitializer() throws Exception {
+                    doTestSinglePackage("compiler/testData/loadJava/kotlinSignature/error/WrongFieldInitializer.kt");
+                }
+                
                 @TestMetadata("WrongFieldMutability.kt")
                 public void testWrongFieldMutability() throws Exception {
                     doTestSinglePackage("compiler/testData/loadJava/kotlinSignature/error/WrongFieldMutability.kt");