diff --git a/IPython/core/displayhook.py b/IPython/core/displayhook.py
index 07d733e..d6d108d 100644
--- a/IPython/core/displayhook.py
+++ b/IPython/core/displayhook.py
@@ -293,3 +293,17 @@ class DisplayHook(Configurable):
         # IronPython blocks here forever
         if sys.platform != "cli":
             gc.collect()
+
+
+class CapturingDisplayHook(object):
+    def __init__(self, shell, outputs=None):
+        self.shell = shell
+        if outputs is None:
+            outputs = []
+        self.outputs = outputs
+
+    def __call__(self, result=None):
+        if result is None:
+            return
+        format_dict, md_dict = self.shell.display_formatter.format(result)
+        self.outputs.append((format_dict, md_dict))
diff --git a/IPython/utils/capture.py b/IPython/utils/capture.py
index 1731bf2..d129c03 100644
--- a/IPython/utils/capture.py
+++ b/IPython/utils/capture.py
@@ -137,6 +137,7 @@ class capture_output(object):
     def __enter__(self):
         from IPython.core.getipython import get_ipython
         from IPython.core.displaypub import CapturingDisplayPublisher
+        from IPython.core.displayhook import CapturingDisplayHook
         
         self.sys_stdout = sys.stdout
         self.sys_stderr = sys.stderr
@@ -156,7 +157,9 @@ class capture_output(object):
             self.save_display_pub = self.shell.display_pub
             self.shell.display_pub = CapturingDisplayPublisher()
             outputs = self.shell.display_pub.outputs
-            
+            self.save_display_hook = sys.displayhook
+            sys.displayhook = CapturingDisplayHook(shell=self.shell,
+                                                   outputs=outputs)
         
         return CapturedIO(stdout, stderr, outputs)
     
@@ -165,5 +168,6 @@ class capture_output(object):
         sys.stderr = self.sys_stderr
         if self.display and self.shell:
             self.shell.display_pub = self.save_display_pub
+            sys.displayhook = self.save_display_hook