diff --git a/Misc/NEWS b/Misc/NEWS
index 0136a4425b25..d8dfea77429a 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -10,6 +10,8 @@ What's New in Python 3.2.4
 Core and Builtins
 -----------------
 
+- Issue #15404: Refleak in PyMethodObject repr.
+
 - Issue #15394: An issue in PyModule_Create that caused references to
   be leaked on some error paths has been fixed.  Patch by Julia Lawall.
 
diff --git a/Objects/classobject.c b/Objects/classobject.c
index 6df930fdcf62..b7d35ef8852e 100644
--- a/Objects/classobject.c
+++ b/Objects/classobject.c
@@ -243,8 +243,10 @@ method_repr(PyMethodObject *a)
     else {
         klassname = PyObject_GetAttrString(klass, "__name__");
         if (klassname == NULL) {
-            if (!PyErr_ExceptionMatches(PyExc_AttributeError))
+            if (!PyErr_ExceptionMatches(PyExc_AttributeError)) {
+                Py_XDECREF(funcname);
                 return NULL;
+            }
             PyErr_Clear();
         }
         else if (!PyUnicode_Check(klassname)) {