diff --git a/mercurial/extensions.py b/mercurial/extensions.py
--- a/mercurial/extensions.py
+++ b/mercurial/extensions.py
@@ -29,7 +29,7 @@ def find(name):
         raise KeyError(name)
 
 def load(ui, name, path):
-    if name.startswith('hgext.'):
+    if name.startswith('hgext.') or name.startswith('hgext/'):
         shortname = name[6:]
     else:
         shortname = name
diff --git a/tests/test-extension b/tests/test-extension
--- a/tests/test-extension
+++ b/tests/test-extension
@@ -80,3 +80,25 @@ echo "debugextension = $debugpath" >> $H
 hg help debugextension
 hg --debug help debugextension
 echo 'debugextension = !' >> $HGRCPATH
+
+echo % issue811
+debugpath=`pwd`/debugissue811.py
+cat > debugissue811.py <<EOF
+'''show all loaded extensions
+'''
+from mercurial import extensions, commands
+
+def debugextensions(ui):
+    "yet another debug command"
+    ui.write("%s\n" % '\n'.join([x for x, y in extensions.extensions()]))
+
+cmdtable = {"debugextensions": (debugextensions, (), "hg debugextensions")}
+commands.norepo += " debugextensions"
+EOF
+echo "debugissue811 = $debugpath" >> $HGRCPATH
+echo "mq=" >> $HGRCPATH
+echo "hgext.mq=" >> $HGRCPATH
+echo "hgext/mq=" >> $HGRCPATH
+
+echo % show extensions
+hg debugextensions
diff --git a/tests/test-extension.out b/tests/test-extension.out
--- a/tests/test-extension.out
+++ b/tests/test-extension.out
@@ -57,3 +57,7 @@ global options:
     --profile         print command execution profile
     --version         output version information and exit
  -h --help            display help and exit
+% issue811
+% show extensions
+debugissue811
+mq