diff --git a/mysql-test/r/func_misc.result b/mysql-test/r/func_misc.result
index 56d27ff78be..83513446edf 100644
--- a/mysql-test/r/func_misc.result
+++ b/mysql-test/r/func_misc.result
@@ -272,3 +272,19 @@ ERROR HY000: Incorrect arguments to NAME_CONST
 SELECT NAME_CONST('a', -(1)) OR 1;
 NAME_CONST('a', -(1)) OR 1
 1
+#
+#MDEV-5446: Assertion `!table || (!table->read_set ||
+#bitmap_is_set(table->read_set, field_index))' fails on
+#EXPLAIN EXTENDED with VALUES function
+#
+CREATE TABLE t1 (a INT, b INT) ENGINE=MyISAM;
+INSERT INTO t1 VALUES (1,10);
+CREATE VIEW v1 AS SELECT * FROM t1;
+EXPLAIN EXTENDED SELECT VALUES(b) FROM v1;
+id	select_type	table	type	possible_keys	key	key_len	ref	rows	filtered	Extra
+1	SIMPLE	t1	system	NULL	NULL	NULL	NULL	1	100.00	
+Warnings:
+Note	1003	select values(10) AS `VALUES(b)` from `test`.`t1`
+drop view v1;
+drop table t1;
+End of 5.3 tests
diff --git a/mysql-test/t/func_misc.test b/mysql-test/t/func_misc.test
index c4cc7734186..5cf316587b3 100644
--- a/mysql-test/t/func_misc.test
+++ b/mysql-test/t/func_misc.test
@@ -310,3 +310,18 @@ SELECT NAME_CONST('a', -(1 OR 2)) OR 1;
 SELECT NAME_CONST('a', -(1 AND 2)) AND 1;
 SELECT NAME_CONST('a', -(1)) OR 1;
 
+--echo #
+--echo #MDEV-5446: Assertion `!table || (!table->read_set ||
+--echo #bitmap_is_set(table->read_set, field_index))' fails on
+--echo #EXPLAIN EXTENDED with VALUES function
+--echo #
+CREATE TABLE t1 (a INT, b INT) ENGINE=MyISAM;
+INSERT INTO t1 VALUES (1,10);
+CREATE VIEW v1 AS SELECT * FROM t1;
+
+EXPLAIN EXTENDED SELECT VALUES(b) FROM v1;
+
+drop view v1;
+drop table t1;
+
+--echo End of 5.3 tests
diff --git a/sql/item.cc b/sql/item.cc
index 6a8573068fc..88489a343fb 100644
--- a/sql/item.cc
+++ b/sql/item.cc
@@ -7897,6 +7897,8 @@ bool Item_insert_value::fix_fields(THD *thd, Item **items)
     {
       tmp_field->init(field_arg->field->table);
       set_field(tmp_field);
+      // the index is important when read bits set
+      tmp_field->field_index= field_arg->field->field_index;
     }
   }
   return FALSE;