diff --git a/CHANGELOG.md b/CHANGELOG.md
index a573f09f..909dbe1c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,7 @@
 All notable changes to this project will be documented in this file.
 
 * Adds `ignoreElements` operator.
+* Adds `rx_attributedText` to `UILabel`.
 
 ---
 
diff --git a/RxCocoa/iOS/UILabel+Rx.swift b/RxCocoa/iOS/UILabel+Rx.swift
index ea82bef9..fdab2069 100644
--- a/RxCocoa/iOS/UILabel+Rx.swift
+++ b/RxCocoa/iOS/UILabel+Rx.swift
@@ -34,6 +34,25 @@ extension UILabel {
             }
         }
     }
+
+    /**
+    Bindable sink for `attributedText` property.
+    */
+    public var rx_attributedText: AnyObserver<NSAttributedString?> {
+        return AnyObserver { [weak self] event in
+            MainScheduler.ensureExecutingOnScheduler()
+
+            switch event {
+            case .Next(let value):
+                self?.attributedText = value
+            case .Error(let error):
+                bindingErrorToInterface(error)
+                break
+            case .Completed:
+                break
+            }
+        }
+    }
     
 }
 
diff --git a/RxTests/RxCocoaTests/Control+RxTests+UIKit.swift b/RxTests/RxCocoaTests/Control+RxTests+UIKit.swift
index e7e963ec..59061274 100644
--- a/RxTests/RxCocoaTests/Control+RxTests+UIKit.swift
+++ b/RxTests/RxCocoaTests/Control+RxTests+UIKit.swift
@@ -154,6 +154,22 @@ extension ControlTests {
     }
 }
 
+// UILabel
+extension ControlTests {
+    func testLabel_HasWeakReference() {
+        ensureControlObserverHasWeakReference(UILabel(), { (label: UILabel) -> AnyObserver<NSAttributedString?> in label.rx_attributedText }, { Variable<NSAttributedString?>(nil).asObservable() })
+    }
+
+    func testLabel_NextElementsSetsValue() {
+        let subject = UILabel()
+        let attributedTextSequence = Variable<NSAttributedString?>(nil)
+
+        attributedTextSequence.subscribe(subject.rx_attributedText)
+
+        attributedTextSequence.value = NSAttributedString(string: "Hello!")
+        XCTAssert(subject.attributedText == attributedTextSequence.value, "Expected attributedText to have been set")
+    }
+}
 
 // UITableView
 extension ControlTests {
diff --git a/RxTests/RxCocoaTests/Control+RxTests.swift b/RxTests/RxCocoaTests/Control+RxTests.swift
index 5bde2612..33988d84 100644
--- a/RxTests/RxCocoaTests/Control+RxTests.swift
+++ b/RxTests/RxCocoaTests/Control+RxTests.swift
@@ -78,4 +78,24 @@ class ControlTests : RxTest {
         XCTAssertTrue(deallocated)
         XCTAssertTrue(completed)
     }
+
+    func ensureControlObserverHasWeakReference<C, T where C: NSObject>(@autoclosure createControl: () -> (C), _ observerSelector: C -> AnyObserver<T>, _ observableSelector: () -> (Observable<T>)) {
+        var deallocated = false
+
+        let disposeBag = DisposeBag()
+
+        autoreleasepool {
+            let control = createControl()
+            let propertyObserver = observerSelector(control)
+            let observable = observableSelector()
+
+            observable.bindTo(propertyObserver).addDisposableTo(disposeBag)
+
+            _ = control.rx_deallocated.subscribeNext { _ in
+                deallocated = true
+            }
+        }
+
+        XCTAssertTrue(deallocated)
+    }
 }