Index: Python/errors.c
===================================================================
--- Python/errors.c	(revision 75186)
+++ Python/errors.c	(working copy)
@@ -604,6 +604,30 @@
 	return result;
 }
 
+/* Create and document an exception */
+PyObject *
+PyErr_Create2(char *name, const char *doc, PyObject *base)
+{
+    PyObject *dict = NULL;
+    PyObject *_doc;
+
+    if (doc != NULL) {
+        dict = PyDict_New();
+        if (dict == NULL) {
+            return NULL;
+        }
+        _doc = PyString_FromString(doc);
+        if (_doc == NULL || PyDict_SetItemString(dict, "__doc__", _doc) != 0) {
+            Py_XDECREF(_doc);
+            Py_DECREF(dict);
+            return NULL;
+        }
+        Py_DECREF(_doc);
+    }
+
+    return PyErr_NewException(name, base, dict);
+}
+
 /* Call when an exception has occurred but there is no way for Python
    to handle it.  Examples: exception in __del__ or during GC. */
 void
Index: Include/pyerrors.h
===================================================================
--- Include/pyerrors.h	(revision 75186)
+++ Include/pyerrors.h	(working copy)
@@ -222,6 +222,9 @@
 /* Function to create a new exception */
 PyAPI_FUNC(PyObject *) PyErr_NewException(char *name, PyObject *base,
                                          PyObject *dict);
+PyAPI_FUNC(PyObject *) PyErr_Create2(char *name, const char *doc,
+                                    PyObject *base);
+#define PyErr_Create(name, doc) PyErr_Create2(name, doc, (PyObject *)NULL)
 PyAPI_FUNC(void) PyErr_WriteUnraisable(PyObject *);
 
 /* In sigcheck.c or signalmodule.c */
Index: Doc/c-api/exceptions.rst
===================================================================
--- Doc/c-api/exceptions.rst	(revision 75186)
+++ Doc/c-api/exceptions.rst	(working copy)
@@ -417,6 +417,26 @@
    argument can be used to specify a dictionary of class variables and methods.
 
 
+.. cfunction:: PyObject* PyErr_Create(char *name, const char *doc)
+
+   Creates and returns a new exception object. This behaves like
+   :cfunc:`PyErr_Create2` with *base* set to *NULL*.
+
+   .. versionadded:: 2.7
+
+
+.. cfunction:: PyObject* PyErr_Create2(char *name, const char *doc, PyObject *base)
+
+   Creates and returns a new exception object. The *name* argument must be the
+   name of the new exception, a C string of the form ``module.class``. If *doc*
+   is non-*NULL*, it will be used to define the docstring for the exception.
+   If *base* is NULL, it creates a class object derived from :exc:`Exception`
+   (accessible in C as :cdata:`PyExc_Exception`). See :cfunc:`PyErr_NewException`
+   for more information.
+
+   .. versionadded:: 2.7
+
+
 .. cfunction:: void PyErr_WriteUnraisable(PyObject *obj)
 
    This utility function prints a warning message to ``sys.stderr`` when an
Index: Doc/data/refcounts.dat
===================================================================
--- Doc/data/refcounts.dat	(revision 75186)
+++ Doc/data/refcounts.dat	(working copy)
@@ -225,6 +225,15 @@
 
 PyErr_Clear:void:::
 
+PyErr_Create:PyObject*::+1:
+PyErr_Create:char*:name::
+PyErr_Create:char*:doc::
+
+PyErr_Create2:PyObject*::+1:
+PyErr_Create2:char*:name::
+PyErr_Create2:char*:doc::
+PyErr_Create2:PyObject*:base:0:
+
 PyErr_ExceptionMatches:int:::
 PyErr_ExceptionMatches:PyObject*:exc:0: