How to create and add elements in the ArrayList ?

In given Java program expalin creation a simple ArrayList ,adding data to ArrayList and extract data from ArrayList.

								
package com.mindclues;

import java.util.ArrayList;
import java.util.Iterator;
import java.util.List;

public class ArrayListExample {

    public static void main(String[] args) {
//List Creation
        List list = new ArrayList();
 //Add elements to ArrayList
        list.add("1");
        list.add("2");
        list.add("3");
        list.add("4");
        list.add("5");
 Iterator iterator = list.iterator();

        String str = null;
        
        while (iterator.hasNext()) {

            str = (String) iterator.next();

            System.out.println("List Elements :" + str);

        }

    }

}
							

								
List Elements :1
List Elements :2
List Elements :3
List Elements :4
List Elements :5