diff --git a/03/example_input b/03/example_input
new file mode 100644
index 0000000..a6366a8
--- /dev/null
+++ b/03/example_input
@@ -0,0 +1,12 @@
+00100
+11110
+10110
+10111
+10101
+01111
+00111
+11100
+10000
+11001
+00010
+01010
diff --git a/03/solution.lisp b/03/solution.lisp
new file mode 100644
index 0000000..f993977
--- /dev/null
+++ b/03/solution.lisp
@@ -0,0 +1,60 @@
+(defun read-data (path)
+  (with-open-file (stream path)
+    (loop for line = (read-line stream nil)
+          while line collect line)))
+
+(defparameter *input-source*
+  (cadr *posix-argv*))
+
+;; Useful in testing
+;; (defparameter *input-source* "example_input")
+;; (defparameter *input-source* "input")
+
+(defparameter *data*
+  (coerce (read-data *input-source*) 'vector))
+
+(defun most-common (data column)
+  (loop for row across data
+        counting (char= #\0 (aref row column)) into zeroes
+        counting (char= #\1 (aref row column)) into ones
+        finally (return (if (> zeroes ones) #\0 #\1))))
+
+(defun least-common (data column)
+  (invert-bit (most-common data column)))
+
+(defun invert-bit (bit)
+  (if (char= bit #\0) #\1 #\0))
+
+(defun invert (bits)
+  (map 'string #'invert-bit bits))
+
+(defun gamma-rate (data)
+  (loop for column from 0 below (length (aref data 0))
+        collect (most-common data column)))
+
+(defun parse-bitfield (bits)
+  (parse-integer (coerce bits 'string) :radix 2))
+
+(defun part1 (data)
+  (let ((gamma-bits (gamma-rate data)))
+    (* (parse-bitfield gamma-bits)
+       (parse-bitfield (invert gamma-bits)))))
+
+(defun with-bit-at-position (data position bit)
+  (remove-if-not (lambda (row) (char= (aref row position) bit))
+                 data))
+
+(defun part2-filter (data &key (most-common-f #'most-common))
+  (loop for d = data then (with-bit-at-position d column (funcall most-common-f d column))
+        for column from 0 below (length (aref data 0))
+        until (= 1 (length d))
+        finally (return (aref d 0))))
+
+(defun part2 (data)
+  (let ((oxygen (part2-filter data))
+        (co2 (part2-filter data :most-common-f #'least-common)))
+    (* (parse-bitfield oxygen)
+       (parse-bitfield co2))))
+
+(format t "Part 1: ~A~%" (part1 *data*))
+(format t "Part 2: ~A~%" (part2 *data*))