diff --git a/src/Selenium2Library/keywords/_selectelement.py b/src/Selenium2Library/keywords/_selectelement.py
index 4c4e14edf..1f0b6cd37 100644
--- a/src/Selenium2Library/keywords/_selectelement.py
+++ b/src/Selenium2Library/keywords/_selectelement.py
@@ -8,15 +8,24 @@ class _SelectElementKeywords(KeywordGroup):
 
     # Public
 
-    def get_list_items(self, locator):
-        """Returns the values in the select list identified by `locator`.
+    def get_list_items(self, locator, value=False):
+        """Returns the labels or values in the select list identified by `locator`.
 
         Select list keywords work on both lists and combo boxes. Key attributes for
         select lists are `id` and `name`. See `introduction` for details about
         locating elements.
+        
+        Example:
+        | ${labels1} = | Get List Items | xpath=//h1 |
+        | ${labels2} = | Get List Items | xpath=//h1 | value=${False} |
+        | ${values} = | Get List Items | xpath=//h1 | value=True |
+        | Should Be Equal | ${labels1} | ${labels2} |
         """
         select, options = self._get_select_list_options(locator)
-        return self._get_labels_for_options(options)
+        if value:
+            return self._get_values_for_options(options)
+        else:
+            return self._get_labels_for_options(options)
 
     def get_selected_list_label(self, locator):
         """Returns the visible label of the selected element from the select list identified by `locator`.
diff --git a/test/acceptance/keywords/lists.robot b/test/acceptance/keywords/lists.robot
index 6f6776985..694fe33f1 100644
--- a/test/acceptance/keywords/lists.robot
+++ b/test/acceptance/keywords/lists.robot
@@ -17,6 +17,18 @@ Get List Items From Multi-Select List
     ${expected}=    Create List    Males    Females    Others
     Should Be Equal    ${items}    ${expected}
 
+Get List Values From Single-Select List
+    [Documentation]    Get List Values From Single-Select List
+    ${values}=    Get List Items    preferred_channel    value=${True}
+    ${expected}=    Create List    email    phone    directmail
+    Should Be Equal    ${values}    ${expected}
+
+Get List Values From Multi-Select List
+    [Documentation]    Get List Values From Multi-Select List
+    ${values}=    Get List Items    interests    value=True
+    ${expected}=    Create List    males    females    others
+    Should Be Equal    ${values}    ${expected}
+
 Get Selected List Value
     [Documentation]    Get Selected List Value
     ${selected}=    Get Selected List Value    preferred_channel