diff --git a/IPython/frontend/html/notebook/static/js/notebook.js b/IPython/frontend/html/notebook/static/js/notebook.js
index 88bc6c832..bc0bb78d6 100644
--- a/IPython/frontend/html/notebook/static/js/notebook.js
+++ b/IPython/frontend/html/notebook/static/js/notebook.js
@@ -114,6 +114,14 @@ var IPython = (function (IPython) {
             } else if (event.which === key.ENTER && event.shiftKey) {
                 that.execute_selected_cell();
                 return false;
+            } else if (event.which === key.ENTER && event.altKey) {
+                // Execute code cell, and insert new in place
+                that.execute_selected_cell();
+                 // Only insert a new cell, if we ended up in an already populated cell
+                if (/\S/.test(that.get_selected_cell().get_text()) == true) {
+                    that.insert_cell_above('code');
+                }
+                return false;
             } else if (event.which === key.ENTER && event.ctrlKey) {
                 that.execute_selected_cell({terminal:true});
                 return false;
diff --git a/IPython/frontend/html/notebook/static/js/quickhelp.js b/IPython/frontend/html/notebook/static/js/quickhelp.js
index d609e704b..e88df2f33 100644
--- a/IPython/frontend/html/notebook/static/js/quickhelp.js
+++ b/IPython/frontend/html/notebook/static/js/quickhelp.js
@@ -28,6 +28,7 @@ var IPython = (function (IPython) {
         var shortcuts = [
             {key: 'Shift-Enter', help: 'run cell'},
             {key: 'Ctrl-Enter', help: 'run cell in-place'},
+            {key: 'Alt-Enter', help: 'run cell, insert below'},
             {key: 'Ctrl-m x', help: 'cut cell'},
             {key: 'Ctrl-m c', help: 'copy cell'},
             {key: 'Ctrl-m v', help: 'paste cell'},