diff --git a/src/test/java/streams/part2/exercise/Exercise3.java b/src/test/java/streams/part2/exercise/Exercise3.java
new file mode 100644
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+++ b/src/test/java/streams/part2/exercise/Exercise3.java
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+package streams.part2.exercise;
+
+import org.junit.jupiter.api.Test;
+
+import java.util.HashSet;
+import java.util.Set;
+import java.util.function.BiConsumer;
+import java.util.function.BinaryOperator;
+import java.util.function.Function;
+import java.util.function.Predicate;
+import java.util.function.Supplier;
+import java.util.stream.Collector;
+import java.util.stream.Stream;
+
+import static java.util.stream.Collectors.joining;
+import static org.hamcrest.MatcherAssert.assertThat;
+import static org.hamcrest.Matchers.is;
+
+@SuppressWarnings({"unused", "ConstantConditions"})
+class Exercise3 {
+
+    @Test
+    void createLimitedStringWithOddNumbersSeparatedBySpaces() {
+        int countNumbers = 10;
+
+        String result = Stream.iterate(1, i -> i + 1)
+                .filter(isOddNumber())
+                .limit(countNumbers)
+                .map(String::valueOf)
+                .collect(joining(" "));
+
+        assertThat(result, is("1 3 5 7 9 11 13 15 17 19"));
+    }
+
+    @Test
+    void extractEvenNumberedCharactersToNewString() {
+        String source = "abcdefghijklm";
+
+        String result = Stream.iterate(0, i -> i + 1)
+                .limit(source.length())
+                .filter(isEvenNumber())
+                .map(source::charAt)
+                .collect(new CharJoining());
+
+        assertThat(result, is("acegikm"));
+    }
+
+    private static class CharJoining implements Collector<Character, StringBuffer, String> {
+
+        private HashSet<Characteristics> characteristics;
+
+        public CharJoining() {
+            characteristics = new HashSet<>();
+            characteristics.add(Characteristics.CONCURRENT);
+        }
+
+        @Override
+        public Supplier<StringBuffer> supplier() {
+            return StringBuffer::new;
+        }
+
+        @Override
+        public BiConsumer<StringBuffer, Character> accumulator() {
+            return StringBuffer::append;
+        }
+
+        @Override
+        public BinaryOperator<StringBuffer> combiner() {
+            return StringBuffer::append;
+        }
+
+        @Override
+        public Function<StringBuffer, String> finisher() {
+            return StringBuffer::toString;
+        }
+
+        @Override
+        public Set<Characteristics> characteristics() {
+            return characteristics;
+        }
+    }
+
+    private static Predicate<Integer> isOddNumber() {
+        return n -> n % 2 == 1;
+    }
+
+    private static Predicate<Integer> isEvenNumber() {
+        return n -> n % 2 == 0;
+    }
+}