diff --git a/parser.c b/parser.c
index c0dea05..f368bb5 100644
--- a/parser.c
+++ b/parser.c
@@ -2608,6 +2608,7 @@ xmlParserHandlePEReference(xmlParserCtxtPtr ctxt) {
                     if ((entity->etype == XML_EXTERNAL_PARAMETER_ENTITY) &&
 		        ((ctxt->options & XML_PARSE_NOENT) == 0) &&
 			((ctxt->options & XML_PARSE_DTDVALID) == 0) &&
+			((ctxt->options & XML_PARSE_DTDLOAD) == 0) &&
 			(ctxt->validate == 0))
 			return;