diff --git a/lib/contract.js b/lib/contract.js
index efee00cd15..65115a211f 100644
--- a/lib/contract.js
+++ b/lib/contract.js
@@ -110,6 +110,7 @@ var contract = function (address, desc) {
                 // TODO: figure out better way to solve this
                 web3._currentContractAbi = desc;
                 web3._currentContractAddress = address;
+                web3._currentContractMethodName = method.name;
 
                 // transactions do not have any output, cause we do not know, when they will be processed
                 web3.eth.transact(options);