diff --git a/package-lock.json b/package-lock.json
index b983b8851..23e6967c2 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1580,6 +1580,18 @@
         "source-map": "~0.6.1"
       }
     },
+    "util.promisify": {
+      "version": "1.0.1",
+      "resolved": "https://registry.npmjs.org/util.promisify/-/util.promisify-1.0.1.tgz",
+      "integrity": "sha512-g9JpC/3He3bm38zsLupWryXHoEcS22YHthuPQSJdMy6KNrzIRzWqcsHzD/WUnqe45whVou4VIsPew37DoXWNrA==",
+      "dev": true,
+      "requires": {
+        "define-properties": "^1.1.3",
+        "es-abstract": "^1.17.2",
+        "has-symbols": "^1.0.1",
+        "object.getownpropertydescriptors": "^2.1.0"
+      }
+    },
     "whatwg-fetch": {
       "version": "2.0.3",
       "resolved": "https://registry.npmjs.org/whatwg-fetch/-/whatwg-fetch-2.0.3.tgz",
diff --git a/package.json b/package.json
index b966398ba..fb6f91962 100644
--- a/package.json
+++ b/package.json
@@ -22,14 +22,16 @@
   "scripts": {
     "lint": "tslint \"src/**/*.ts\" --project tsconfig.json",
     "lint-fix": "tslint \"src/**/*.ts\" --project tsconfig.json --fix",
-    "clean": "rimraf dist && rimraf tsconfig.schema.json && rimraf tsconfig.schemastore-schema.json",
-    "build": "npm run clean && npm run build-tsc && npm run build-configSchema",
+    "clean": "rimraf dist && rimraf tsconfig.schema.json && rimraf tsconfig.schemastore-schema.json && rimraf tests/ts-node-packed.tgz",
+    "build": "npm run build-nopack && npm run build-pack",
+    "build-nopack": "npm run clean && npm run build-tsc && npm run build-configSchema",
     "build-tsc": "tsc",
     "build-configSchema": "typescript-json-schema --topRef --refs --validationKeywords allOf --out tsconfig.schema.json tsconfig.json TsConfigSchema && node --require ./register ./scripts/create-merged-schema",
+    "build-pack": "node ./scripts/build-pack.js",
     "test-spec": "mocha dist/**/*.spec.js -R spec --bail",
     "test-cov": "istanbul cover node_modules/mocha/bin/_mocha -- \"dist/**/*.spec.js\" -R spec --bail",
     "test": "npm run build && npm run lint && npm run test-cov",
-    "prepare": "npm run build"
+    "prepare": "npm run build-nopack"
   },
   "engines": {
     "node": ">=6.0.0"
@@ -77,7 +79,8 @@
     "tslint": "^6.1.0",
     "tslint-config-standard": "^9.0.0",
     "typescript": "3.8.3",
-    "typescript-json-schema": "^0.42.0"
+    "typescript-json-schema": "^0.42.0",
+    "util.promisify": "^1.0.1"
   },
   "peerDependencies": {
     "typescript": ">=2.7"
diff --git a/scripts/build-pack.js b/scripts/build-pack.js
new file mode 100644
index 000000000..38811e99c
--- /dev/null
+++ b/scripts/build-pack.js
@@ -0,0 +1,20 @@
+// Written in JS to support Windows
+// Would otherwise be written as inline bash in package.json script
+
+const { exec } = require('child_process')
+const { mkdtempSync, writeFileSync, readFileSync, unlinkSync, rmdirSync, readdirSync } = require('fs')
+const { join } = require('path')
+
+const testDir = join(__dirname, '../tests')
+const tarballPath = join(testDir, 'ts-node-packed.tgz')
+const tempDir = mkdtempSync(join(testDir, 'tmp'))
+exec(`npm pack "${join(__dirname, '..')}"`, { cwd: tempDir }, (err, stdout) => {
+  if (err) {
+    console.error(err)
+    process.exit(1)
+  }
+  const tempTarballPath = join(tempDir, readdirSync(tempDir)[0])
+  writeFileSync(tarballPath, readFileSync(tempTarballPath))
+  unlinkSync(tempTarballPath)
+  rmdirSync(tempDir)
+})
diff --git a/src/externs.d.ts b/src/externs.d.ts
new file mode 100644
index 000000000..d9257bd38
--- /dev/null
+++ b/src/externs.d.ts
@@ -0,0 +1,4 @@
+declare module 'util.promisify' {
+  const _export: typeof import('util').promisify
+  export = _export
+}
diff --git a/src/index.spec.ts b/src/index.spec.ts
index 355cfcdf3..0d41f65d2 100644
--- a/src/index.spec.ts
+++ b/src/index.spec.ts
@@ -5,16 +5,28 @@ import semver = require('semver')
 import ts = require('typescript')
 import proxyquire = require('proxyquire')
 import { register, create, VERSION } from './index'
+import { unlinkSync, existsSync } from 'fs'
+import * as promisify from 'util.promisify'
+
+const execP = promisify(exec)
 
 const TEST_DIR = join(__dirname, '../tests')
 const PROJECT = join(TEST_DIR, 'tsconfig.json')
-const BIN_PATH = join(__dirname, '../dist/bin')
-const BIN_SCRIPT_PATH = join(__dirname, '../dist/bin-script')
+const BIN_PATH = join(TEST_DIR, 'node_modules/.bin/ts-node')
+const BIN_SCRIPT_PATH = join(TEST_DIR, 'node_modules/.bin/ts-node-script')
 
 const SOURCE_MAP_REGEXP = /\/\/# sourceMappingURL=data:application\/json;charset=utf\-8;base64,[\w\+]+=*$/
 
+// Pack and install ts-node locally, necessary to test package "exports"
+before(async function () {
+  this.timeout(30000)
+  await execP(`npm install`, { cwd: TEST_DIR })
+  const packageLockPath = join(TEST_DIR, 'package-lock.json')
+  existsSync(packageLockPath) && unlinkSync(packageLockPath)
+})
+
 describe('ts-node', function () {
-  const cmd = `node "${BIN_PATH}" --project "${PROJECT}"`
+  const cmd = `"${BIN_PATH}" --project "${PROJECT}"`
 
   this.timeout(10000)
 
@@ -35,7 +47,7 @@ describe('ts-node', function () {
     })
 
     it('should register via cli', function (done) {
-      exec(`node -r ../register hello-world.ts`, {
+      exec(`node -r ts-node/register hello-world.ts`, {
         cwd: TEST_DIR
       }, function (err, stdout) {
         expect(err).to.equal(null)
@@ -73,7 +85,7 @@ describe('ts-node', function () {
     })
 
     it('should provide registered information on register', function (done) {
-      exec(`node -r ../register env.ts`, {
+      exec(`node -r ts-node/register env.ts`, {
         cwd: TEST_DIR
       }, function (err, stdout) {
         expect(err).to.equal(null)
@@ -408,7 +420,7 @@ describe('ts-node', function () {
     }
 
     describe('should read ts-node options from tsconfig.json', function () {
-      const BIN_EXEC = `node "${join(__dirname, '../dist/bin')}" --project tests/tsconfig-options/tsconfig.json`
+      const BIN_EXEC = `"${BIN_PATH}" --project tests/tsconfig-options/tsconfig.json`
 
       it('should override compiler options from env', function (done) {
         exec(`${BIN_EXEC} tests/tsconfig-options/log-options.js`, {
@@ -481,7 +493,7 @@ describe('ts-node', function () {
       })
 
       it('should give ts error for invalid node_modules', function (done) {
-        exec(`${cmd} --compiler-host --skip-ignore tests/from-node-modules`, function (err, stdout) {
+        exec(`${cmd} --compiler-host --skip-ignore tests/from-node-modules/from-node-modules`, function (err, stdout) {
           if (err === null) return done('Expected an error')
 
           expect(err.message).to.contain('Unable to compile file from external library')
diff --git a/tests/.gitignore b/tests/.gitignore
index ddf342489..1f16711ae 100644
--- a/tests/.gitignore
+++ b/tests/.gitignore
@@ -1 +1,3 @@
-!node_modules/
+!from-node-modules/node_modules/
+package-lock.json
+ts-node-packed.tgz
diff --git a/tests/from-node-modules.ts b/tests/from-node-modules/from-node-modules.ts
similarity index 100%
rename from tests/from-node-modules.ts
rename to tests/from-node-modules/from-node-modules.ts
diff --git a/tests/node_modules/test.ts b/tests/from-node-modules/node_modules/test.ts
similarity index 100%
rename from tests/node_modules/test.ts
rename to tests/from-node-modules/node_modules/test.ts
diff --git a/tests/package.json b/tests/package.json
new file mode 100644
index 000000000..26351d2b8
--- /dev/null
+++ b/tests/package.json
@@ -0,0 +1,5 @@
+{
+  "dependencies": {
+    "ts-node": "file:ts-node-packed.tgz"
+  }
+}