From MSNBC:
President Hosni Mubarak announced late Tuesday that he would not run for another term in office, but whether Egyptians would allow him to remain in office until elections in the fall was uncertain.
In a pre-recorded televised address to Egypt, Mubarak said it had never been his intention to run for re-election in September.
"I have spent enough time serving Egypt," he said.
Earlier, President Barack Obama told the Egyptian leader through a special envoy not to run again, according to American diplomats.
Mubarak's talk was shown at the end of eight days of protest, when at least 1 million people rallied across the country for the leader of 30 years to step down immediately.
"In all sincerity, regardless of the current circumstances, I never intended to be a candidate for another term," Mubarak said.
He said he will work during "the final months of my current term" to carry out the "necceasary steps for the peaceful transfer of power."
