Goals from Tom Nichols and Lee Holmes means League Two Exeter City will head to Anfield to take on Liverpool in a replay.
The underdogs took the lead twice, firstly through Nichols in the ninth minute and then when Holmes’ corner drifted over the hapless Adam Bodgan seconds before the interval.
The young Australian popped up in the 73rd to secure a 2-2 draw for the Merseysiders.
Exeter, who warmed up for the tie with a 2-1 loss to Dagenham and Redbridge last Saturday, started the contest brightly and immediately went for the visitors – who made 11 changes to the team that beat Stoke 1-0 on Tuesday evening.
And they were rewarded for their bright start in the ninth minute when Tom Nichols got on the end of a cross from Jamie Reid and dispatched the ball past Adam Bodgan.
Nichols’ strike sent the St James’ Park crowd wild and gave the home fans the belief that the team could defy the odds and upset the Premier League giants.
However, their joy turned to despair three minutes later when Reds winger Jerome Sinclair capitalised on some sloppy defending and tucked the ball past Grecians stopper Bobby Olejnik.
Paul Tisdale’s men, who currently lie in 16th place in the League Two table, didn’t let their heads drop and continued to play positive attacking football.
And they should’ve retaken the lead in the 40th minute through right-back Christian Ribeiro.
The Welshman, 26, stole a march on his marker at the back post and managed to get on the end of a floated cross from Lee Holmes. But unfortunately for him, and the home crowd, he steered his header wide of Bogdan’s right-hand post.
Exeter continued to press and caused Klopp’s highly inexperienced side a number of problems.
And they retook the lead on the stroke of half-time when Holmes whipped in a vicious corner which looped over Bogdan’s head and into the back of the net.
The home side started the second period at blistering pace and once again put the young Reds under pressure.
Christian Benteke nearly levelled the scores in the 50th minute, but saw his towering header well-saved by Olejnik.
Liverpool struggled to cope with the pace the minnows were setting and spent the majority of the second-half on the back foot.
But they dragged themselves on level in the 73rd minute when the home side once again failed to clear their lines and Smith fired home from close range.
Smith’s strike, which was his first for the club, sparked a late onslaught from the five-time European Cup winners – who were desperate to avoid a replay.
However, they were unable to create the clear-cut chance they needed to win the tie which meant that little old Exter earned themselves a lucrative replay at Anfield.
— Liverpool FC (@LFC) January 8, 2016