diff --git a/examples/graticule.js b/examples/graticule.js
index 468938ce61..1cb67c310a 100644
--- a/examples/graticule.js
+++ b/examples/graticule.js
@@ -27,6 +27,8 @@ var graticule = new ol.Graticule({
     color: 'rgba(255,120,0,0.9)',
     width: 2,
     lineDash: [0.5, 4]
-  })
+  }),
+  showLabels: true
 });
+
 graticule.setMap(map);
diff --git a/externs/olx.js b/externs/olx.js
index 01445f7d27..6f3870360d 100644
--- a/externs/olx.js
+++ b/externs/olx.js
@@ -112,7 +112,14 @@ olx.LogoOptions.prototype.src;
  * @typedef {{map: (ol.Map|undefined),
  *     maxLines: (number|undefined),
  *     strokeStyle: (ol.style.Stroke|undefined),
- *     targetSize: (number|undefined)}}
+ *     targetSize: (number|undefined),
+ *     showLabels: (boolean|undefined),
+ *     lonLabelFormatter: (undefined|function(number):string),
+ *     latLabelFormatter: (undefined|function(number):string),
+ *     lonLabelPosition: (number|undefined),
+ *     latLabelPosition: (number|undefined),
+ *     lonLabelStyle: (ol.style.Text|undefined),
+ *     latLabelStyle: (ol.style.Text|undefined)}}
  */
 olx.GraticuleOptions;
 
@@ -157,6 +164,106 @@ olx.GraticuleOptions.prototype.strokeStyle;
 olx.GraticuleOptions.prototype.targetSize;
 
 
+/**
+ * Render a label with the respective latitude/longitude for each graticule
+ * line. Default is false.
+ *
+ * @type {boolean|undefined}
+ * @api
+ */
+olx.GraticuleOptions.prototype.showLabels;
+
+
+/**
+ * Label formatter for longitudes. This function is called with the longitude as
+ * argument, and should return a formatted string representing the longitude.
+ * By default, labels are formatted as degrees, minutes, seconds and hemisphere.
+ *
+ * @type {undefined|function(number):string}
+ * @api
+ */
+olx.GraticuleOptions.prototype.lonLabelFormatter;
+
+
+/**
+ * Label formatter for latitudes. This function is called with the latitude as
+ * argument, and should return a formatted string representing the latitude.
+ * By default, labels are formatted as degrees, minutes, seconds and hemisphere.
+ *
+ * @type {undefined|function(number):string}
+ * @api
+ */
+olx.GraticuleOptions.prototype.latLabelFormatter;
+
+
+/**
+ * Longitude label position in fractions (0..1) of view extent. 0 means at the
+ * bottom of the viewport, 1 means at the top. Default is 0.
+ * @type {number|undefined}
+ * @api
+ */
+olx.GraticuleOptions.prototype.lonLabelPosition;
+
+
+/**
+ * Latitude label position in fractions (0..1) of view extent. 0 means at the
+ * left of the viewport, 1 means at the right. Default is 1.
+ * @type {number|undefined}
+ * @api
+ */
+olx.GraticuleOptions.prototype.latLabelPosition;
+
+
+/**
+ * Longitude label text style. The default is
+ * ```js
+ * new ol.style.Text({
+ *   font: '12px Calibri,sans-serif',
+ *   textBaseline: 'bottom',
+ *   fill: new ol.style.Fill({
+ *     color: 'rgba(0,0,0,1)'
+ *   }),
+ *   stroke: new ol.style.Stroke({
+ *     color: 'rgba(255,255,255,1)',
+ *     width: 3
+ *   })
+ * });
+ * ```
+ * Note that the default's `textBaseline` configuration will not work well for
+ * `lonLabelPosition` configurations that position labels close to the top of
+ * the viewport.
+ *
+ * @type {ol.style.Text|undefined}
+ * @api
+ */
+olx.GraticuleOptions.prototype.lonLabelStyle;
+
+
+/**
+ * Latitude label text style. The default is
+ * ```js
+ * new ol.style.Text({
+ *   font: '12px Calibri,sans-serif',
+ *   textAlign: 'end',
+ *   fill: new ol.style.Fill({
+ *     color: 'rgba(0,0,0,1)'
+ *   }),
+ *   stroke: new ol.style.Stroke({
+ *     color: 'rgba(255,255,255,1)',
+ *     width: 3
+ *   })
+ * });
+ * ```
+ * Note that the default's `textAlign` configuration will not work well for
+ * `latLabelPosition` configurations that position labels close to the left of
+ * the viewport.
+ *
+ * @type {ol.style.Text|undefined}
+ * @api
+ */
+olx.GraticuleOptions.prototype.latLabelStyle;
+
+
 /**
  * Object literal with config options for interactions.
  * @typedef {{handleEvent: function(ol.MapBrowserEvent):boolean}}
diff --git a/src/ol/graticule.js b/src/ol/graticule.js
index e38f1ca8e3..c2fe312cb7 100644
--- a/src/ol/graticule.js
+++ b/src/ol/graticule.js
@@ -1,13 +1,17 @@
 goog.provide('ol.Graticule');
 
+goog.require('ol.coordinate');
 goog.require('ol.extent');
 goog.require('ol.geom.GeometryLayout');
 goog.require('ol.geom.LineString');
+goog.require('ol.geom.Point');
 goog.require('ol.geom.flat.geodesic');
 goog.require('ol.math');
 goog.require('ol.proj');
 goog.require('ol.render.EventType');
+goog.require('ol.style.Fill');
 goog.require('ol.style.Stroke');
+goog.require('ol.style.Text');
 
 
 /**
@@ -104,31 +108,116 @@ ol.Graticule = function(opt_options) {
   */
   this.parallels_ = [];
 
- /**
-  * @type {ol.style.Stroke}
-  * @private
-  */
+  /**
+   * @type {ol.style.Stroke}
+   * @private
+   */
   this.strokeStyle_ = options.strokeStyle !== undefined ?
      options.strokeStyle : ol.Graticule.DEFAULT_STROKE_STYLE_;
 
- /**
-  * @type {ol.TransformFunction|undefined}
-  * @private
-  */
+  /**
+   * @type {ol.TransformFunction|undefined}
+   * @private
+   */
   this.fromLonLatTransform_ = undefined;
 
- /**
-  * @type {ol.TransformFunction|undefined}
-  * @private
-  */
+  /**
+   * @type {ol.TransformFunction|undefined}
+   * @private
+   */
   this.toLonLatTransform_ = undefined;
 
- /**
-  * @type {ol.Coordinate}
-  * @private
-  */
+  /**
+   * @type {ol.Coordinate}
+   * @private
+   */
   this.projectionCenterLonLat_ = null;
 
+  /**
+   * @type {Array.<ol.GraticuleLabelDataType>}
+   * @private
+   */
+  this.meridiansLabels_ = null;
+
+  /**
+   * @type {Array.<ol.GraticuleLabelDataType>}
+   * @private
+   */
+  this.parallelsLabels_ = null;
+
+  if (options.showLabels == true) {
+    var degreesToString = ol.coordinate.degreesToStringHDMS;
+
+    /**
+     * @type {null|function(number):string}
+     * @private
+     */
+    this.lonLabelFormatter_ = options.lonLabelFormatter == undefined ?
+        degreesToString.bind(this, 'EW') : options.lonLabelFormatter;
+
+    /**
+     * @type {function(number):string}
+     * @private
+     */
+    this.latLabelFormatter_ = options.latLabelFormatter == undefined ?
+        degreesToString.bind(this, 'NS') : options.latLabelFormatter;
+
+    /**
+     * Longitude label position in fractions (0..1) of view extent. 0 means
+     * bottom, 1 means top.
+     * @type {number}
+     * @private
+     */
+    this.lonLabelPosition_ = options.lonLabelPosition == undefined ? 0 :
+        options.lonLabelPosition;
+
+    /**
+     * Latitude Label position in fractions (0..1) of view extent. 0 means left, 1
+     * means right.
+     * @type {number}
+     * @private
+     */
+    this.latLabelPosition_ = options.latLabelPosition == undefined ? 1 :
+        options.latLabelPosition;
+
+    /**
+     * @type {ol.style.Text}
+     * @private
+     */
+    this.lonLabelStyle_ = options.lonLabelStyle !== undefined ? options.lonLabelStyle :
+        new ol.style.Text({
+          font: '12px Calibri,sans-serif',
+          textBaseline: 'bottom',
+          fill: new ol.style.Fill({
+            color: 'rgba(0,0,0,1)'
+          }),
+          stroke: new ol.style.Stroke({
+            color: 'rgba(255,255,255,1)',
+            width: 3
+          })
+        });
+
+    /**
+     * @type {ol.style.Text}
+     * @private
+     */
+    this.latLabelStyle_ = options.latLabelStyle !== undefined ? options.latLabelStyle :
+        new ol.style.Text({
+          font: '12px Calibri,sans-serif',
+          textAlign: 'end',
+          fill: new ol.style.Fill({
+            color: 'rgba(0,0,0,1)'
+          }),
+          stroke: new ol.style.Stroke({
+            color: 'rgba(255,255,255,1)',
+            width: 3
+          })
+        });
+
+    this.meridiansLabels_ = [];
+    this.parallelsLabels_ = [];
+  }
+
   this.setMap(options.map !== undefined ? options.map : null);
 };
 
@@ -166,11 +255,39 @@ ol.Graticule.prototype.addMeridian_ = function(lon, minLat, maxLat, squaredToler
   var lineString = this.getMeridian_(lon, minLat, maxLat,
       squaredTolerance, index);
   if (ol.extent.intersects(lineString.getExtent(), extent)) {
+    if (this.meridiansLabels_) {
+      var textPoint = this.getMeridianPoint_(lineString, extent, index);
+      this.meridiansLabels_[index] = {
+        geom: textPoint,
+        text: this.lonLabelFormatter_(lon)
+      };
+    }
     this.meridians_[index++] = lineString;
   }
   return index;
 };
 
+/**
+ * @param {ol.geom.LineString} lineString Meridian
+ * @param {ol.Extent} extent Extent.
+ * @param {number} index Index.
+ * @return {ol.geom.Point} Meridian point.
+ * @private
+ */
+ol.Graticule.prototype.getMeridianPoint_ = function(lineString, extent, index) {
+  var flatCoordinates = lineString.getFlatCoordinates();
+  var clampedBottom = Math.max(extent[1], flatCoordinates[1]);
+  var clampedTop = Math.min(extent[3], flatCoordinates[flatCoordinates.length - 1]);
+  var lat = ol.math.clamp(
+      extent[1] + Math.abs(extent[1] - extent[3]) * this.lonLabelPosition_,
+      clampedBottom, clampedTop);
+  var coordinate = [flatCoordinates[0], lat];
+  var point = this.meridiansLabels_[index] !== undefined ?
+      this.meridiansLabels_[index].geom : new ol.geom.Point(null);
+  point.setCoordinates(coordinate);
+  return point;
+};
+
 
 /**
  * @param {number} lat Latitude.
@@ -186,12 +303,41 @@ ol.Graticule.prototype.addParallel_ = function(lat, minLon, maxLon, squaredToler
   var lineString = this.getParallel_(lat, minLon, maxLon, squaredTolerance,
       index);
   if (ol.extent.intersects(lineString.getExtent(), extent)) {
+    if (this.parallelsLabels_) {
+      var textPoint = this.getParallelPoint_(lineString, extent, index);
+      this.parallelsLabels_[index] = {
+        geom: textPoint,
+        text: this.latLabelFormatter_(lat)
+      };
+    }
     this.parallels_[index++] = lineString;
   }
   return index;
 };
 
 
+/**
+ * @param {ol.geom.LineString} lineString Parallels.
+ * @param {ol.Extent} extent Extent.
+ * @param {number} index Index.
+ * @return {ol.geom.Point} Parallel point.
+ * @private
+ */
+ol.Graticule.prototype.getParallelPoint_ = function(lineString, extent, index) {
+  var flatCoordinates = lineString.getFlatCoordinates();
+  var clampedLeft = Math.max(extent[0], flatCoordinates[0]);
+  var clampedRight = Math.min(extent[2], flatCoordinates[flatCoordinates.length - 2]);
+  var lon = ol.math.clamp(
+      extent[0] + Math.abs(extent[0] - extent[2]) * this.latLabelPosition_,
+      clampedLeft, clampedRight);
+  var coordinate = [lon, flatCoordinates[1]];
+  var point = this.parallelsLabels_[index] !== undefined ?
+      this.parallelsLabels_[index].geom : new ol.geom.Point(null);
+  point.setCoordinates(coordinate);
+  return point;
+};
+
+
 /**
  * @param {ol.Extent} extent Extent.
  * @param {ol.Coordinate} center Center.
@@ -204,6 +350,12 @@ ol.Graticule.prototype.createGraticule_ = function(extent, center, resolution, s
   var interval = this.getInterval_(resolution);
   if (interval == -1) {
     this.meridians_.length = this.parallels_.length = 0;
+    if (this.meridiansLabels_) {
+      this.meridiansLabels_.length = 0;
+    }
+    if (this.parallelsLabels_) {
+      this.parallelsLabels_.length = 0;
+    }
     return;
   }
 
@@ -249,6 +401,9 @@ ol.Graticule.prototype.createGraticule_ = function(extent, center, resolution, s
   }
 
   this.meridians_.length = idx;
+  if (this.meridiansLabels_) {
+    this.meridiansLabels_.length = idx;
+  }
 
   // Create parallels
 
@@ -272,6 +427,9 @@ ol.Graticule.prototype.createGraticule_ = function(extent, center, resolution, s
   }
 
   this.parallels_.length = idx;
+  if (this.parallelsLabels_) {
+    this.parallelsLabels_.length = idx;
+  }
 
 };
 
@@ -426,11 +584,28 @@ ol.Graticule.prototype.handlePostCompose_ = function(e) {
   var i, l, line;
   for (i = 0, l = this.meridians_.length; i < l; ++i) {
     line = this.meridians_[i];
-    vectorContext.drawLineString(line, null);
+    vectorContext.drawGeometry(line);
   }
   for (i = 0, l = this.parallels_.length; i < l; ++i) {
     line = this.parallels_[i];
-    vectorContext.drawLineString(line, null);
+    vectorContext.drawGeometry(line);
+  }
+  var labelData;
+  if (this.meridiansLabels_) {
+    for (i = 0, l = this.meridiansLabels_.length; i < l; ++i) {
+      labelData = this.meridiansLabels_[i];
+      this.lonLabelStyle_.setText(labelData.text);
+      vectorContext.setTextStyle(this.lonLabelStyle_);
+      vectorContext.drawGeometry(labelData.geom);
+    }
+  }
+  if (this.parallelsLabels_) {
+    for (i = 0, l = this.parallelsLabels_.length; i < l; ++i) {
+      labelData = this.parallelsLabels_[i];
+      this.latLabelStyle_.setText(labelData.text);
+      vectorContext.setTextStyle(this.latLabelStyle_);
+      vectorContext.drawGeometry(labelData.geom);
+    }
   }
 };
 
diff --git a/src/ol/typedefs.js b/src/ol/typedefs.js
index 4370156ff0..80da8e58b9 100644
--- a/src/ol/typedefs.js
+++ b/src/ol/typedefs.js
@@ -253,6 +253,15 @@ ol.FeatureStyleFunction;
 ol.FeatureUrlFunction;
 
 
+/**
+ * @typedef {{
+ *     geom: ol.geom.Point,
+ *     text: string
+ * }}
+ */
+ol.GraticuleLabelDataType;
+
+
 /**
  * A function that is called to trigger asynchronous canvas drawing.  It is
  * called with a "done" callback that should be called when drawing is done.
diff --git a/test/spec/ol/graticule.test.js b/test/spec/ol/graticule.test.js
index 3611c3c899..dc628c61d0 100644
--- a/test/spec/ol/graticule.test.js
+++ b/test/spec/ol/graticule.test.js
@@ -9,14 +9,15 @@ goog.require('ol.style.Stroke');
 describe('ol.Graticule', function() {
   var graticule;
 
-  beforeEach(function() {
+  function createGraticule() {
     graticule = new ol.Graticule({
       map: new ol.Map({})
     });
-  });
+  }
 
   describe('#createGraticule', function() {
-    it('creates the graticule', function() {
+    it('creates a graticule without labels', function() {
+      createGraticule();
       var extent = [-25614353.926475704, -7827151.696402049,
         25614353.926475704, 7827151.696402049];
       var projection = ol.proj.get('EPSG:3857');
@@ -26,9 +27,32 @@ describe('ol.Graticule', function() {
       graticule.createGraticule_(extent, [0, 0], resolution, squaredTolerance);
       expect(graticule.getMeridians().length).to.be(13);
       expect(graticule.getParallels().length).to.be(3);
+      expect(graticule.meridiansLabels_).to.be(null);
+      expect(graticule.parallelsLabels_).to.be(null);
+    });
+
+    it('creates a graticule with labels', function() {
+      graticule = new ol.Graticule({
+        map: new ol.Map({}),
+        showLabels: true
+      });
+      var extent = [-25614353.926475704, -7827151.696402049,
+        25614353.926475704, 7827151.696402049];
+      var projection = ol.proj.get('EPSG:3857');
+      var resolution = 39135.75848201024;
+      var squaredTolerance = resolution * resolution / 4.0;
+      graticule.updateProjectionInfo_(projection);
+      graticule.createGraticule_(extent, [0, 0], resolution, squaredTolerance);
+      expect(graticule.meridiansLabels_.length).to.be(13);
+      expect(graticule.meridiansLabels_[0].text).to.be('0° 00′ 00″');
+      expect(graticule.meridiansLabels_[0].geom.getCoordinates()[0]).to.roughlyEqual(0, 1e-9);
+      expect(graticule.parallelsLabels_.length).to.be(3);
+      expect(graticule.parallelsLabels_[0].text).to.be('0° 00′ 00″');
+      expect(graticule.parallelsLabels_[0].geom.getCoordinates()[1]).to.roughlyEqual(0, 1e-9);
     });
 
     it('has a default stroke style', function() {
+      createGraticule();
       var actualStyle = graticule.strokeStyle_;
 
       expect(actualStyle).not.to.be(undefined);
@@ -36,6 +60,7 @@ describe('ol.Graticule', function() {
     });
 
     it('can be configured with a stroke style', function() {
+      createGraticule();
       var customStrokeStyle = new ol.style.Stroke({
         color: 'rebeccapurple'
       });
@@ -49,6 +74,38 @@ describe('ol.Graticule', function() {
       expect(actualStyle).to.be(customStrokeStyle);
     });
 
+    it('can be configured with label options', function() {
+      var latLabelStyle = new ol.style.Text();
+      var lonLabelStyle = new ol.style.Text();
+      graticule = new ol.Graticule({
+        map: new ol.Map({}),
+        showLabels: true,
+        lonLabelFormatter: function(lon) {
+          return 'lon: ' + lon.toString();
+        },
+        latLabelFormatter: function(lat) {
+          return 'lat: ' + lat.toString();
+        },
+        lonLabelPosition: 0.9,
+        latLabelPosition: 0.1,
+        lonLabelStyle: lonLabelStyle,
+        latLabelStyle: latLabelStyle
+      });
+      var extent = [-25614353.926475704, -7827151.696402049,
+        25614353.926475704, 7827151.696402049];
+      var projection = ol.proj.get('EPSG:3857');
+      var resolution = 39135.75848201024;
+      var squaredTolerance = resolution * resolution / 4.0;
+      graticule.updateProjectionInfo_(projection);
+      graticule.createGraticule_(extent, [0, 0], resolution, squaredTolerance);
+      expect(graticule.meridiansLabels_[0].text).to.be('lon: 0');
+      expect(graticule.parallelsLabels_[0].text).to.be('lat: 0');
+      expect(graticule.lonLabelStyle_).to.eql(lonLabelStyle);
+      expect(graticule.latLabelStyle_).to.eql(latLabelStyle);
+      expect(graticule.lonLabelPosition_).to.be(0.9);
+      expect(graticule.latLabelPosition_).to.be(0.1);
+    });
+
   });
 
 });