diff --git a/README.md b/README.md
index d382a18d..52d53e4a 100644
--- a/README.md
+++ b/README.md
@@ -67,13 +67,13 @@ class SampleApp extends Component {
                     data={data}
                     initValue="Select something yummy!"
                     onChange={(option)=>{ this.setState({textInputValue:option.label})}}>
-                    
+
                     <TextInput
                         style={{borderWidth:1, borderColor:'#ccc', padding:10, height:30}}
                         editable={false}
                         placeholder="Select something yummy!"
                         value={this.state.textInputValue} />
-                        
+
                 </ModalPicker>
             </View>
         );
@@ -86,6 +86,7 @@ class SampleApp extends Component {
 * `data - []` required, array of objects with a unique key and label
 * `style - object` optional, style definitions for the root element
 * `onChange - function` optional, callback function, when the users has selected an option
+* `onClose - function` optional, callback function, when the modal is closed
 * `initValue - string` optional, text that is initially shown on the button
 * `cancelText - string` optional, text of the cancel button
 * `selectStyle - object` optional, style definitions for the select element (available in default mode only!)
diff --git a/index.js b/index.js
index d65bf4c0..be778d4e 100644
--- a/index.js
+++ b/index.js
@@ -23,6 +23,7 @@ let componentIndex = 0;
 const propTypes = {
     data: PropTypes.array,
     onChange: PropTypes.func,
+    onClose: PropTypes.func,
     initValue: PropTypes.string,
     style: View.propTypes.style,
     selectStyle: View.propTypes.style,
@@ -39,6 +40,7 @@ const propTypes = {
 const defaultProps = {
     data: [],
     onChange: ()=> {},
+    onClose: ()=> {},
     initValue: 'Select me!',
     style: {},
     selectStyle: {},
@@ -60,6 +62,7 @@ export default class ModalPicker extends BaseComponent {
 
         this._bind(
             'onChange',
+            'onClose',
             'open',
             'close',
             'renderChildren'
@@ -69,7 +72,8 @@ export default class ModalPicker extends BaseComponent {
             animationType: 'slide',
             modalVisible: false,
             transparent: false,
-            selected: 'please select'
+            selected: 'please select',
+			selectedObject: {},
         };
     }
 
@@ -84,12 +88,23 @@ export default class ModalPicker extends BaseComponent {
       }
     }
 
+	componentWillUpdate(nextProps, nextState){
+		if (nextState.modalVisible != this.state.modalVisible && nextState.modalVisible === false)
+		{
+			this.onClose(nextState.selectedObject);
+		}
+	}
+
     onChange(item) {
         this.props.onChange(item);
-        this.setState({selected: item.label});
+        this.setState({selected: item.label, selectedObject: item});
         this.close();
     }
 
+    onClose(item) {
+        this.props.onClose(item);
+    }
+
     close() {
       this.setState({
         modalVisible: false