diff --git a/mysql-test/t/ps.test b/mysql-test/t/ps.test
index 2ee6950d210..c86a69ab45f 100644
--- a/mysql-test/t/ps.test
+++ b/mysql-test/t/ps.test
@@ -801,3 +801,25 @@ execute stmt using @param1;
 select utext from t1 where utext like '%%';
 drop table t1;
 deallocate prepare stmt;
+#
+# Bug#11299 "prepared statement makes wrong SQL syntax in binlog which stops
+# replication": check that errouneous queries with placeholders are not
+# allowed
+#
+create table t1 (a int);
+--error 1064
+prepare stmt from "select ??";
+--error 1064
+prepare stmt from "select ?FROM t1";
+--error 1064
+prepare stmt from "select FROM t1 WHERE?=1";
+--error 1064
+prepare stmt from "update t1 set a=a+?WHERE 1";
+--error 1064
+select ?;
+--error 1064
+select ??;
+--error 1064
+select ? from t1;
+drop table t1;
+deallocate prepare stmt;
diff --git a/sql/sql_lex.cc b/sql/sql_lex.cc
index 218410eed81..a4293fa76bd 100644
--- a/sql/sql_lex.cc
+++ b/sql/sql_lex.cc
@@ -556,6 +556,15 @@ int yylex(void *arg, void *yythd)
 	lex->next_state= MY_LEX_START;	// Allow signed numbers
       if (c == ',')
 	lex->tok_start=lex->ptr;	// Let tok_start point at next item
+      /*
+        Check for a placeholder: it should not precede a possible identifier
+        because of binlogging: when a placeholder is replaced with
+        its value in a query for the binlog, the query must stay
+        grammatically correct.
+      */
+      else if (c == '?' && ((THD*) yythd)->command == COM_PREPARE &&
+               !ident_map[cs, yyPeek()])
+        return(PARAM_MARKER);
       return((int) c);
 
     case MY_LEX_IDENT_OR_NCHAR:
diff --git a/sql/sql_yacc.yy b/sql/sql_yacc.yy
index 84de06d5604..f0ad035ed5a 100644
--- a/sql/sql_yacc.yy
+++ b/sql/sql_yacc.yy
@@ -465,6 +465,7 @@ bool my_yyoverflow(short **a, YYSTYPE **b, ulong *yystacksize);
 %token  PACK_KEYS_SYM
 %token  PARTIAL
 %token  PASSWORD
+%token  PARAM_MARKER
 %token  PHASE_SYM
 %token  POINTFROMTEXT
 %token  POINT_SYM
@@ -6933,23 +6934,15 @@ text_string:
 	;
 
 param_marker:
-        '?'
+        PARAM_MARKER
         {
           THD *thd=YYTHD;
 	  LEX *lex= thd->lex;
-          if (thd->command == COM_STMT_PREPARE)
+          Item_param *item= new Item_param((uint) (lex->tok_start -
+                                                   (uchar *) thd->query));
+          if (!($$= item) || lex->param_list.push_back(item))
           {
-            Item_param *item= new Item_param((uint) (lex->tok_start -
-                                                     (uchar *) thd->query));
-            if (!($$= item) || lex->param_list.push_back(item))
-            {
-	      my_message(ER_OUT_OF_RESOURCES, ER(ER_OUT_OF_RESOURCES), MYF(0));
-	      YYABORT;
-            }
-          }
-          else
-          {
-            yyerror(ER(ER_SYNTAX_ERROR));
+            my_message(ER_OUT_OF_RESOURCES, ER(ER_OUT_OF_RESOURCES), MYF(0));
             YYABORT;
           }
         }