diff --git a/lib/Twig/Template.php b/lib/Twig/Template.php
index 92874b4ab..d306964bd 100644
--- a/lib/Twig/Template.php
+++ b/lib/Twig/Template.php
@@ -20,6 +20,7 @@ abstract class Twig_Template implements Twig_TemplateInterface
     protected static $cache = array();
 
     protected $parent;
+    protected $parents = array();
     protected $env;
     protected $blocks;
     protected $traits;
@@ -67,13 +68,26 @@ abstract class Twig_Template implements Twig_TemplateInterface
 
         try {
             $parent = $this->doGetParent($context);
-            return $this->parent = false === $parent ? false : $this->env->resolveTemplate($parent);
+
+            if (false === $parent) {
+                return false;
+            }
+
+            if ($parent instanceof Twig_Template) {
+                return $this->parents[$parent->getTemplateName()] = $parent;
+            }
+
+            if (!isset($this->parents[$parent])) {
+                $this->parents[$parent] = $this->env->loadTemplate($parent);
+            }
         } catch (Twig_Error_Loader $e) {
             $e->setTemplateFile(null);
             $e->guess();
 
             throw $e;
         }
+
+        return $this->parents[$parent];
     }
 
     protected function doGetParent(array $context)
diff --git a/test/Twig/Tests/Fixtures/tags/inheritance/multiple_dynamic.test b/test/Twig/Tests/Fixtures/tags/inheritance/multiple_dynamic.test
new file mode 100644
index 000000000..1d3e639ca
--- /dev/null
+++ b/test/Twig/Tests/Fixtures/tags/inheritance/multiple_dynamic.test
@@ -0,0 +1,22 @@
+--TEST--
+"extends" tag
+--TEMPLATE--
+{% set foo = 1 %}
+{{ include('parent.twig') }}
+{{ include('parent.twig') }}
+{% set foo = 2 %}
+{{ include('parent.twig') }}
+--TEMPLATE(parent.twig)--
+{% extends foo~'_parent.twig' %}{% block content %}{{ parent() }} parent{% endblock %}
+--TEMPLATE(1_parent.twig)--
+{% block content %}1{% endblock %}
+--TEMPLATE(2_parent.twig)--
+{% block content %}2{% endblock %}
+--DATA--
+return array()
+--EXPECT--
+1 parent
+
+1 parent
+
+2 parent