diff --git a/build.js b/build.js
index 2250ad28e..cbfcba81d 100755
--- a/build.js
+++ b/build.js
@@ -1732,6 +1732,9 @@
           "        (!b || (otherType != 'function' && otherType != 'object'))) {",
           '      return false;',
           '    }',
+          '    if (a == null || b == null) {',
+          '      return a === b;',
+          '    }',
           '    var className = toString.call(a),',
           '        otherClass = toString.call(b);',
           '',
diff --git a/lodash.js b/lodash.js
index c0b86b0df..7861b9810 100644
--- a/lodash.js
+++ b/lodash.js
@@ -1461,6 +1461,11 @@
         (!b || (otherType != 'function' && otherType != 'object'))) {
       return false;
     }
+    // exit early for `null` and `undefined`, avoiding ES3's Function#call behavior
+    // http://es5.github.com/#x15.3.4.4
+    if (a == null || b == null) {
+      return a === b;
+    }
     // compare [[Class]] names
     var className = toString.call(a),
         otherClass = toString.call(b);