Index: roundup/cgi/templating.py
===================================================================
--- roundup/cgi/templating.py	(revision 83377)
+++ roundup/cgi/templating.py	(working copy)
@@ -1343,18 +1343,18 @@
         u = s = match.group('url')
         if not self.protocol_re.search(s):
             u = 'http://' + s
-        if s.endswith('>'):
-            # catch an escaped ">" at the end of the URL
-            u = s = s[:-4]
-            e = '>'
-        elif s.count('(') != s.count(')'):
+        end = ''
+        if '>' in s:
+            # catch an escaped ">" in the URL
+            pos = s.find('>')
+            end = s[pos:]
+            u = s = s[:pos]
+        if ')' in s and s.count('(') != s.count(')'):
             # don't include extraneous ')' in the link
             pos = s.rfind(')')
-            e = s[pos:]
+            end = s[pos:] + end
             u = s = s[:pos]
-        else:
-            e = ''
-        return replacement % (u, s, e)
+        return replacement % (u, s, end)
 
     def _hyper_repl_email(self, match, replacement):
         s = match.group('email')
Index: test/test_templating.py
===================================================================
--- test/test_templating.py	(revision 83377)
+++ test/test_templating.py	(working copy)
@@ -146,11 +146,13 @@
     def test_url_replace(self):
         p = StringHTMLProperty(self.client, 'test', '1', None, 'test', '')
         def t(s): return p.hyper_re.sub(p._hyper_repl, s)
-        ae = self.assertEquals
+        ae = self.assertEqual
         ae(t('http://roundup.net/'),
            '<a href="http://roundup.net/">http://roundup.net/</a>')
         ae(t('&lt;HTTP://roundup.net/&gt;'),
            '&lt;<a href="HTTP://roundup.net/">HTTP://roundup.net/</a>&gt;')
+        ae(t('&lt;http://roundup.net/&gt;.'),
+           '&lt;<a href="http://roundup.net/">http://roundup.net/</a>&gt;.')
         ae(t('&lt;www.roundup.net&gt;'),
            '&lt;<a href="http://www.roundup.net">www.roundup.net</a>&gt;')
         ae(t('(www.roundup.net)'),
@@ -164,6 +166,12 @@
         ae(t('(e.g. http://en.wikipedia.org/wiki/Python_(programming_language)).'),
            '(e.g. <a href="http://en.wikipedia.org/wiki/Python_(programming_language)">'
            'http://en.wikipedia.org/wiki/Python_(programming_language)</a>).')
+        ae(t('(e.g. http://en.wikipedia.org/wiki/Python_(programming_language))&gt;.'),
+           '(e.g. <a href="http://en.wikipedia.org/wiki/Python_(programming_language)">'
+           'http://en.wikipedia.org/wiki/Python_(programming_language)</a>)&gt;.')
+        ae(t('(e.g. http://en.wikipedia.org/wiki/Python_(programming_language&gt;)).'),
+           '(e.g. <a href="http://en.wikipedia.org/wiki/Python_(programming_language">'
+           'http://en.wikipedia.org/wiki/Python_(programming_language</a>&gt;)).')
 
 '''
 class HTMLPermissions: