diff --git a/keystoneclient/base.py b/keystoneclient/base.py
index 3273ecb82..d4fdc9e90 100644
--- a/keystoneclient/base.py
+++ b/keystoneclient/base.py
@@ -76,6 +76,36 @@ def filter_kwargs(f):
     return func
 
 
+class TruncatedList(list):
+    """List with attribute `truncated`.
+
+    The main purpose of this class is to handle flag `truncated` returned
+    by Identity Service. It subclasses standard Python list and overrides
+    only equality operators.
+
+    :param bool truncated: whether the list is truncated or not.
+    """
+    def __init__(self, collection, truncated=False):
+        super(TruncatedList, self).__init__(collection)
+        self.truncated = truncated
+
+    def __eq__(self, other):
+        """Compare this list with another one.
+
+        Two TruncatedLists are equal if the lists they carry are equal
+        and their attributes `truncated` are equal.
+
+        If another value has not attribute `truncated`, it is assumed to
+        be False.
+        """
+        values_eq = super(TruncatedList, self).__eq__(other)
+        truncated_eq = self.truncated == getattr(other, 'truncated', False)
+        return values_eq and truncated_eq
+
+    def __ne__(self, other):
+        return not self.__eq__(other)
+
+
 class Manager(object):
     """Basic manager type providing common operations.
 
@@ -117,6 +147,8 @@ class Manager(object):
         :param body: data that will be encoded as JSON and passed in POST
             request (GET will be sent by default)
         :param kwargs: Additional arguments will be passed to the request.
+        :returns: list of objects with indication of truncation
+        :rtype: :py:class:`keystoneclient.base.TruncatedList`
         """
         if body:
             resp, body = self.client.post(url, body=body, **kwargs)
@@ -127,6 +159,7 @@ class Manager(object):
             obj_class = self.resource_class
 
         data = body[response_key]
+        truncated = body.get('truncated', False)
         # NOTE(ja): keystone returns values as list as {'values': [ ... ]}
         #           unlike other services which just return the list...
         try:
@@ -134,7 +167,8 @@ class Manager(object):
         except (KeyError, TypeError):
             pass
 
-        return [obj_class(self, res, loaded=True) for res in data if res]
+        objects = [obj_class(self, res, loaded=True) for res in data if res]
+        return TruncatedList(objects, truncated=truncated)
 
     def _get(self, url, response_key, **kwargs):
         """Get an object from collection.
diff --git a/keystoneclient/tests/unit/test_base.py b/keystoneclient/tests/unit/test_base.py
index 38644c01f..7e1174e48 100644
--- a/keystoneclient/tests/unit/test_base.py
+++ b/keystoneclient/tests/unit/test_base.py
@@ -180,3 +180,29 @@ class ManagerTest(utils.TestCase):
             management=True)
         put_mock.assert_called_once_with(self.url, management=True, body=None)
         self.assertEqual(rsrc.hi, 1)
+
+
+class TruncatedListTest(utils.TestCase):
+    """Test that TruncatedList will not break existing checks
+
+    A lot of code assumes that the value returned from list() is a python
+    list, not an iterable object. Because of that, they perform various
+    list-specific checks. This code should not be broken.
+    """
+
+    def test_eq(self):
+        # flag `truncated` doesn't affect the check if it's False
+        self.assertEqual([], base.TruncatedList([], truncated=False))
+        self.assertEqual([1, 2, 3], base.TruncatedList([1, 2, 3],
+                                                       truncated=False))
+
+        # flag `truncated` affects the check if it's True
+        self.assertNotEqual([], base.TruncatedList([], truncated=True))
+        self.assertNotEqual([1, 2, 3], base.TruncatedList([1, 2, 3],
+                                                          truncated=True))
+
+        # flag `truncated` affects the equality check
+        self.assertNotEqual(base.TruncatedList([], truncated=True),
+                            base.TruncatedList([], truncated=False))
+        self.assertNotEqual(base.TruncatedList([1, 2, 3], truncated=True),
+                            base.TruncatedList([1, 2, 3], truncated=False))
diff --git a/keystoneclient/tests/unit/v3/utils.py b/keystoneclient/tests/unit/v3/utils.py
index bd1b97063..95a1dd6d9 100644
--- a/keystoneclient/tests/unit/v3/utils.py
+++ b/keystoneclient/tests/unit/v3/utils.py
@@ -192,11 +192,16 @@ class CrudTests(object):
         kwargs.setdefault(uuid.uuid4().hex, uuid.uuid4().hex)
         return kwargs
 
-    def encode(self, entity):
+    def encode(self, entity, truncated=None):
+        encoded = {}
+        if truncated is not None:
+            encoded['truncated'] = truncated
         if isinstance(entity, dict):
-            return {self.key: entity}
+            encoded[self.key] = entity
+            return encoded
         if isinstance(entity, list):
-            return {self.collection_key: entity}
+            encoded[self.collection_key] = entity
+            return encoded
         raise NotImplementedError('Are you sure you want to encode that?')
 
     def stub_entity(self, method, parts=None, entity=None, id=None, **kwargs):
@@ -287,14 +292,22 @@ class CrudTests(object):
 
         self.assertRaises(TypeError, self.manager.list, **filter_kwargs)
 
-    def test_list(self, ref_list=None, expected_path=None,
-                  expected_query=None, **filter_kwargs):
+    def _test_list(self, ref_list=None, expected_path=None,
+                   expected_query=None, truncated=None, **filter_kwargs):
         ref_list = ref_list or [self.new_ref(), self.new_ref()]
         expected_path = self._get_expected_path(expected_path)
 
-        self.requests_mock.get(urlparse.urljoin(self.TEST_URL, expected_path),
-                               json=self.encode(ref_list))
+        # We want to catch all cases: when `truncated` is not returned by the
+        # server, when it's False and when it's True.
+        # Attribute `truncated` of the returned list-like object should exist
+        # in all these cases. It should be False if the server returned a list
+        # without the flag.
+        expected_truncated = False
+        if truncated:
+            expected_truncated = truncated
 
+        self.requests_mock.get(urlparse.urljoin(self.TEST_URL, expected_path),
+                               json=self.encode(ref_list, truncated=truncated))
         returned_list = self.manager.list(**filter_kwargs)
         self.assertEqual(len(ref_list), len(returned_list))
         [self.assertIsInstance(r, self.model) for r in returned_list]
@@ -313,6 +326,20 @@ class CrudTests(object):
         for key in qs_args:
             self.assertIn(key, qs_args_expected)
 
+        self.assertEqual(expected_truncated, returned_list.truncated)
+
+    def test_list(self, ref_list=None, expected_path=None,
+                  expected_query=None, **filter_kwargs):
+        # test simple list, without any truncation
+        self._test_list(ref_list, expected_path, expected_query,
+                        **filter_kwargs)
+        # test when a server returned a list with truncated=False
+        self._test_list(ref_list, expected_path, expected_query,
+                        truncated=False, **filter_kwargs)
+        # test when a server returned a list with truncated=True
+        self._test_list(ref_list, expected_path, expected_query,
+                        truncated=True, **filter_kwargs)
+
     def test_list_params(self):
         ref_list = [self.new_ref()]
         filter_kwargs = {uuid.uuid4().hex: uuid.uuid4().hex}