diff --git a/lib/lexer_block.js b/lib/lexer_block.js
index 6b552fa..f2d0d6c 100644
--- a/lib/lexer_block.js
+++ b/lib/lexer_block.js
@@ -6,11 +6,13 @@
 
 var rules = [];
 
+// `list` should be after `hr`, but before `heading`
 rules.push(require('./lexer_block/code'));
 rules.push(require('./lexer_block/fences'));
+rules.push(require('./lexer_block/hr'));
+rules.push(require('./lexer_block/list'));
 rules.push(require('./lexer_block/heading'));
 rules.push(require('./lexer_block/lheading'));
-rules.push(require('./lexer_block/hr'));
 rules.push(require('./lexer_block/blockquote'));
 rules.push(require('./lexer_block/paragraph'));
 
diff --git a/lib/lexer_block/blockquote.js b/lib/lexer_block/blockquote.js
index 9f98f64..0eb9e91 100644
--- a/lib/lexer_block/blockquote.js
+++ b/lib/lexer_block/blockquote.js
@@ -69,6 +69,7 @@ module.exports = function blockquote(state, startLine, endLine, silent) {
     // Case 3: another tag found.
     if (rules_named.fences(state, nextLine, endLine, true)) { break; }
     if (rules_named.hr(state, nextLine, endLine, true)) { break; }
+    if (rules_named.list(state, nextLine, endLine, true)) { break; }
     if (rules_named.heading(state, nextLine, endLine, true)) { break; }
     if (rules_named.lheading(state, nextLine, endLine, true)) { break; }
   }
diff --git a/lib/lexer_block/list.js b/lib/lexer_block/list.js
new file mode 100644
index 0000000..609c04f
--- /dev/null
+++ b/lib/lexer_block/list.js
@@ -0,0 +1,82 @@
+// Lists
+
+'use strict';
+
+
+var isEmpty = require('../helpers').isEmpty;
+var skipEmptyLines = require('../helpers').skipEmptyLines;
+
+
+function bullet_item(state, startLine, endLine, silent) {
+  var marker, nextLine, start,
+      rules_named = state.lexerBlock.rules_named,
+      pos = state.bMarks[startLine] + state.tShift[startLine],
+      max = state.eMarks[startLine];
+
+  // TODO: supporting list with only one paragraph for now
+
+  start = pos;
+  if (pos > max) { return false; }
+
+  marker = state.src.charCodeAt(pos++);
+
+  // Check bullet
+  if (marker !== 0x2A/* * */ &&
+      marker !== 0x2D/* - */ &&
+      marker !== 0x2B/* + */) {
+    return false;
+  }
+
+  // Empty list item
+  if (pos > max) {
+    state.tokens.push({ type: 'list_item_open' });
+    state.tokens.push({ type: 'list_item_close' });
+    return true;
+  }
+
+  if (state.src.charCodeAt(pos++) !== 0x20) { return false; }
+
+  // If we reached this, it's surely a list item
+  if (silent) { return true; }
+
+  nextLine = startLine + 1;
+
+  // jump line-by-line until empty one or EOF
+  while (nextLine < endLine && !isEmpty(state, nextLine)) {
+    // Some tags can terminate paragraph without empty line.
+    // Try those tags in validation more (without tokens generation)
+    if (rules_named.fences(state, nextLine, endLine, true)) { break; }
+    if (rules_named.hr(state, nextLine, endLine, true)) { break; }
+    if (rules_named.heading(state, nextLine, endLine, true)) { break; }
+    if (rules_named.lheading(state, nextLine, endLine, true)) { break; }
+    if (rules_named.blockquote(state, nextLine, endLine, true)) { break; }
+    if (bullet_item(state, nextLine, endLine, true)) { break; }
+    //if (rules_named.tag(state, nextLine, endLine, true)) { break; }
+    //if (rules_named.def(state, nextLine, endLine, true)) { break; }
+    nextLine++;
+  }
+
+  state.tokens.push({ type: 'list_item_open' });
+  state.lexerInline.tokenize(
+    state,
+    state.bMarks[startLine],
+    state.eMarks[nextLine - 1]
+  );
+  state.tokens.push({ type: 'list_item_close' });
+
+  state.line = skipEmptyLines(state, nextLine);
+  return true;
+}
+
+module.exports = function list(state, startLine, endLine, silent) {
+  // TODO: supporting list with only one element for now
+  if (bullet_item(state, startLine, endLine, true)) {
+    if (silent) { return true; }
+    state.tokens.push({ type: 'bullet_list_open' });
+    bullet_item(state, startLine, endLine);
+    state.tokens.push({ type: 'bullet_list_close' });
+    return true;
+  }
+  return false;
+};
+
diff --git a/lib/lexer_block/paragraph.js b/lib/lexer_block/paragraph.js
index e7050c6..900421a 100644
--- a/lib/lexer_block/paragraph.js
+++ b/lib/lexer_block/paragraph.js
@@ -17,6 +17,7 @@ module.exports = function paragraph(state, startLine, endLine) {
     // Try those tags in validation more (without tokens generation)
     if (rules_named.fences(state, nextLine, endLine, true)) { break; }
     if (rules_named.hr(state, nextLine, endLine, true)) { break; }
+    if (rules_named.list(state, nextLine, endLine, true)) { break; }
     if (rules_named.heading(state, nextLine, endLine, true)) { break; }
     if (rules_named.lheading(state, nextLine, endLine, true)) { break; }
     if (rules_named.blockquote(state, nextLine, endLine, true)) { break; }
diff --git a/lib/renderer.js b/lib/renderer.js
index d2754ca..4cf477f 100644
--- a/lib/renderer.js
+++ b/lib/renderer.js
@@ -29,6 +29,14 @@ rules.blockquote_close = function (state, token) {
 };
 
 
+rules.bullet_list_open = function (state, token) {
+  state.result += '<ul>\n';
+};
+rules.bullet_list_close = function (state, token) {
+  state.result += '</ul>\n';
+};
+
+
 rules.code = function (state, token) {
   var content = joinLines(state, token.startLine, token.endLine).replace(/^ {4}/gm, '');
 
@@ -61,6 +69,14 @@ rules.hr = function (state, token) {
 };
 
 
+rules.list_item_open = function (state, token) {
+  state.result += '<li>';
+};
+rules.list_item_close = function (state, token) {
+  state.result += '</li>\n';
+};
+
+
 rules.paragraph_open = function (state, token) {
   state.result += '<p>';
 };