diff --git a/neutronclient/common/exceptions.py b/neutronclient/common/exceptions.py
index b9485ecb8..b3ab4d7a1 100644
--- a/neutronclient/common/exceptions.py
+++ b/neutronclient/common/exceptions.py
@@ -94,6 +94,10 @@ class IpAddressGenerationFailureClient(NeutronClientException):
     pass
 
 
+class ExternalIpAddressExhaustedClient(NeutronClientException):
+    pass
+
+
 class Unauthorized(NeutronClientException):
     message = _("Unauthorized: bad credentials.")
 
diff --git a/neutronclient/v2_0/client.py b/neutronclient/v2_0/client.py
index cc8f7056a..0e7fd5690 100644
--- a/neutronclient/v2_0/client.py
+++ b/neutronclient/v2_0/client.py
@@ -51,7 +51,9 @@ def exception_handler_v20(status_code, error_content):
         'PortInUse': exceptions.PortInUseClient,
         'AlreadyAttached': exceptions.AlreadyAttachedClient,
         'IpAddressGenerationFailure':
-        exceptions.IpAddressGenerationFailureClient, }
+        exceptions.IpAddressGenerationFailureClient,
+        'ExternalIpAddressExhausted':
+        exceptions.ExternalIpAddressExhaustedClient, }
 
     error_dict = None
     if isinstance(error_content, dict):