Egypt's President Hosni Mubarak says he won't run for a new term in office. However, he is not stepping down from his post.  Mubarak made the announcement on State TV Tuesday.

Here is what it sounded like through the voice of a translator:

Mubarak also vowed to die on Egyptian soil, and history will be the judge of his time serving the people of Egypt:

Over one million people flocked to Cairo's Tahrir Square staging the largest protest in Egypt's history:

Take a listen here:

FOX's Dominic DiNatale reports from Cairo on reaction to Mubarak's remarks: