diff --git a/get_minmax_indeces.py b/get_minmax_indeces.py
new file mode 100644
index 0000000..1fe5b2a
--- /dev/null
+++ b/get_minmax_indeces.py
@@ -0,0 +1,12 @@
+# Sebastian Raschka, 03/2014
+# Getting the positions of min and max values in a list
+
+import operator
+
+values = [1, 2, 3, 4, 5]
+
+min_index, min_value = min(enumerate(values), key=operator.itemgetter(1))
+max_index, max_value = max(enumerate(values), key=operator.itemgetter(1))
+
+print('min_index:', min_index, 'min_value:', min_value)
+print('max_index:', max_index, 'max_value:', max_value)