CREATE TABLE IF NOT EXISTS ... LIKE dosn't work with PS

CREATE TABLE t_exists (a INT);
CREATE TABLE IF NOT EXISTS t_exists LIKE x;
DROP TABLE t_exists;

The above test works in normal mysql-test-run but fails in mysql-test-run --ps

mysqltest: At line 29: query 'CREATE TABLE IF NOT EXISTS t_exists LIKE x' failed: 1146: Table 'test.x' doesn't exist