diff --git a/jerry-core/ecma/base/ecma-helpers-collection.c b/jerry-core/ecma/base/ecma-helpers-collection.c
index b92ada32c..7ba90c359 100644
--- a/jerry-core/ecma/base/ecma-helpers-collection.c
+++ b/jerry-core/ecma/base/ecma-helpers-collection.c
@@ -96,7 +96,7 @@ ecma_collection_free_template_literal (ecma_collection_t *collection_p) /**< val
     ecma_extended_object_t *array_object_p = (ecma_extended_object_t *) object_p;
 
     JERRY_ASSERT (array_object_p->u.array.length_prop_and_hole_count & ECMA_ARRAY_TEMPLATE_LITERAL);
-    array_object_p->u.array.length_prop_and_hole_count &= (uint32_t) ECMA_ARRAY_TEMPLATE_LITERAL;
+    array_object_p->u.array.length_prop_and_hole_count &= (uint32_t) ~ECMA_ARRAY_TEMPLATE_LITERAL;
 
     ecma_property_value_t *property_value_p;
 
@@ -108,7 +108,7 @@ ecma_collection_free_template_literal (ecma_collection_t *collection_p) /**< val
     array_object_p = (ecma_extended_object_t *) raw_object_p;
 
     JERRY_ASSERT (array_object_p->u.array.length_prop_and_hole_count & ECMA_ARRAY_TEMPLATE_LITERAL);
-    array_object_p->u.array.length_prop_and_hole_count &= (uint32_t) ECMA_ARRAY_TEMPLATE_LITERAL;
+    array_object_p->u.array.length_prop_and_hole_count &= (uint32_t) ~ECMA_ARRAY_TEMPLATE_LITERAL;
 
     ecma_deref_object (raw_object_p);
     ecma_deref_object (object_p);
diff --git a/tests/jerry/es.next/regression-test-issue-4469.js b/tests/jerry/es.next/regression-test-issue-4469.js
new file mode 100644
index 000000000..e7969bc99
--- /dev/null
+++ b/tests/jerry/es.next/regression-test-issue-4469.js
@@ -0,0 +1,36 @@
+// Copyright JS Foundation and other contributors, http://js.foundation
+//
+// Licensed under the Apache License, Version 2.0 (the "License");
+// you may not use this file except in compliance with the License.
+// You may obtain a copy of the License at
+//
+//     http://www.apache.org/licenses/LICENSE-2.0
+//
+// Unless required by applicable law or agreed to in writing, software
+// distributed under the License is distributed on an "AS IS" BASIS
+// WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+// See the License for the specific language governing permissions and
+// limitations under the License.
+
+function assertArrayEquals(array1, array2) {
+  if (array1.length !== array2.length) {
+    return false;
+  }
+
+  for (var i = 0; i < array1.length; i++) {
+    if (array1[i] !== array2[i]) {
+      return false;
+    }
+  }
+
+  return true;
+}
+
+function tag(site){
+  return site;
+}
+
+var site1 = eval("tag`Cocoa`");
+var site3 = eval("tag`Cocoa`");
+
+assertArrayEquals(site1, site3);