diff --git a/dlls/oleaut32/tests/vartest.c b/dlls/oleaut32/tests/vartest.c
index d8a6ebf8cbd..429ffbbb2e0 100644
--- a/dlls/oleaut32/tests/vartest.c
+++ b/dlls/oleaut32/tests/vartest.c
@@ -1947,6 +1947,11 @@ static void test_VarNumFromParseNum(void)
 
   /* Currency is preferred over decimal */
   SETRGB(0, 1); CONVERT(1,0,0,1,0,0, VTBIT_CY|VTBIT_DECIMAL); EXPECT_CY(1);
+
+  /* Underflow test */
+  SETRGB(0, 1); CONVERT(1,0,NUMPRS_EXPONENT,1,0,-94938484, VTBIT_R4); EXPECT_R4(0.0);
+  SETRGB(0, 1); CONVERT(1,0,NUMPRS_EXPONENT,1,0,-94938484, VTBIT_R8); EXPECT_R8(0.0);
+  SETRGB(0, 1); CONVERT(1,0,NUMPRS_EXPONENT,1,0,-94938484, VTBIT_CY); EXPECT_CY(0);
 }
 
 
diff --git a/dlls/oleaut32/tests/vartype.c b/dlls/oleaut32/tests/vartype.c
index be6ec91e9a2..6348fee1de7 100644
--- a/dlls/oleaut32/tests/vartype.c
+++ b/dlls/oleaut32/tests/vartype.c
@@ -2729,6 +2729,7 @@ static void test_VarR8FromStr(void)
   CONVERT_STR(VarR8FromStr,"0.5",LOCALE_NOUSEROVERRIDE);  EXPECT(0.5);
   CONVERT_STR(VarR8FromStr,"0.6",LOCALE_NOUSEROVERRIDE);  EXPECT(0.6);
   CONVERT_STR(VarR8FromStr,"1.5",LOCALE_NOUSEROVERRIDE);  EXPECT(1.5);
+  CONVERT_STR(VarR8FromStr,"1e-94938484",LOCALE_NOUSEROVERRIDE);  EXPECT(0);
 
   /* We already have exhaustive tests for number parsing, so skip those tests here */
 }
diff --git a/dlls/oleaut32/variant.c b/dlls/oleaut32/variant.c
index a760a65267d..a1feb277c20 100644
--- a/dlls/oleaut32/variant.c
+++ b/dlls/oleaut32/variant.c
@@ -2392,8 +2392,8 @@ HRESULT WINAPI VarNumFromParseNum(NUMPARSE *pNumprs, BYTE *rgbDig,
     {
       if (whole < dblMinimums[10] && whole != 0)
       {
-        dwVtBits &= ~(VTBIT_R4|VTBIT_R8|VTBIT_CY); /* Underflow */
-        bOverflow = TRUE;
+        whole = 0; /* ignore underflow */
+        divisor10 = 0;
         break;
       }
       whole = whole / dblMultipliers[10];
@@ -2403,8 +2403,8 @@ HRESULT WINAPI VarNumFromParseNum(NUMPARSE *pNumprs, BYTE *rgbDig,
     {
       if (whole < dblMinimums[divisor10] && whole != 0)
       {
-        dwVtBits &= ~(VTBIT_R4|VTBIT_R8|VTBIT_CY); /* Underflow */
-        bOverflow = TRUE;
+        whole = 0; /* ignore underflow */
+        divisor10 = 0;
       }
       else
         whole = whole / dblMultipliers[divisor10];