diff --git a/src/modal/modal.js b/src/modal/modal.js
index 2aa3988..2f87ee7 100644
--- a/src/modal/modal.js
+++ b/src/modal/modal.js
@@ -253,18 +253,29 @@ angular.module('mm.foundation.modal', ['mm.foundation.transition'])
       };
 
       $modalStack.close = function (modalInstance, result) {
-        var modalWindow = openedWindows.get(modalInstance).value;
-        if (modalWindow) {
+        var modalWindow = openedWindows.get(modalInstance).value,
+            scope = modalWindow.modalScope,
+            evt = scope.$broadcast('close:modal:fndtn', modalWindow);
+
+        if (modalWindow && !evt.defaultPrevented) {
           modalWindow.deferred.resolve(result);
           removeModalWindow(modalInstance);
+
+          scope.$broadcast('closed:modal:fndtn', modalWindow);
         }
       };
 
       $modalStack.dismiss = function (modalInstance, reason) {
-        var modalWindow = openedWindows.get(modalInstance).value;
-        if (modalWindow) {
+
+        var modalWindow = openedWindows.get(modalInstance).value,
+            scope = modalWindow.modalScope,
+            evt = scope.$broadcast('dismiss:modal:fndtn', modalWindow);
+
+        if (modalWindow && !evt.defaultPrevented) {
           modalWindow.deferred.reject(reason);
           removeModalWindow(modalInstance);
+
+          scope.$broadcast('dismissed:modal:fndtn', modalWindow);
         }
       };
 
diff --git a/src/modal/test/modal.spec.js b/src/modal/test/modal.spec.js
index 8473b86..b4aa9db 100644
--- a/src/modal/test/modal.spec.js
+++ b/src/modal/test/modal.spec.js
@@ -511,4 +511,33 @@ describe('$modal', function () {
       expect(body).not.toHaveClass('modal-open');
     });
   });
+
+  describe('events', function () {
+    it('should not close modal if defaultPrevented', function () {
+      var TestCtrl = function($scope, $modalInstance) {
+        $scope.$on('close:modal:fndtn', function (event) {
+          event.preventDefault();
+        });
+      };
+
+      var modal = open({template: '<div>defaultPrevented</div>', controller: TestCtrl});
+
+      close(modal, 'close');
+
+      expect($document).toHaveModalOpenWithContent('defaultPrevented', 'div');
+    });
+    it('should not dismiss modal if defaultPrevented', function () {
+      var TestCtrl = function($scope, $modalInstance) {
+        $scope.$on('dismiss:modal:fndtn', function (event) {
+          event.preventDefault();
+        });
+      };
+
+      var modal = open({template: '<div>defaultPrevented</div>', controller: TestCtrl});
+
+      close(modal, 'close');
+
+      expect($document).toHaveModalOpenWithContent('defaultPrevented', 'div');
+    });
+  });
 });