diff --git a/src/System.Private.CoreLib/src/System/Threading/SemaphoreSlim.cs b/src/System.Private.CoreLib/src/System/Threading/SemaphoreSlim.cs
index cdcd55caac0..beae3e6f23f 100644
--- a/src/System.Private.CoreLib/src/System/Threading/SemaphoreSlim.cs
+++ b/src/System.Private.CoreLib/src/System/Threading/SemaphoreSlim.cs
@@ -778,14 +778,12 @@ public int Release(int releaseCount)
 
                 // Signal to any synchronous waiters
                 int waitCount = m_waitCount;
-                if (currentCount == 1 || waitCount == 1)
+                
+                int waitersToNotify = Math.Min(releaseCount, waitCount);
+                for (int i = 0; i < waitersToNotify; i++)
                 {
                     m_condition.SignalOne();
                 }
-                else if (waitCount > 1)
-                {
-                    m_condition.SignalAll();
-                }
 
                 // Now signal to any asynchronous waiters, if there are any.  While we've already
                 // signaled the synchronous waiters, we still hold the lock, and thus