Egyptian state television announced moments ago that President Hosni Mubarak will make an "important statement" shortly.
Al Jazeera reported that thousands of protesters in Tahrir Square in Cairo erupted in cheers upon the news that Mubarak will speak, hopeful that "this is it," and he will resign. Anything short of Mubarak leaving will be nowhere near enough to satisfy the people, per Al Jazeera.
NBC News said that the speech would take place at approximately 10:15 p.m. local time (3:15 p.m. Eastern Time). Past Mubarak addresses have also been delayed.
02/01/2011 4:36 PM EST
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02/01/2011 4:17 PM EST
Protesters: "Leave! Leave!"
Protesters are shouting "Leave! Leave!" and "Get Out!" in Cairo per Al Jazeera. Watch live video of the crowd chanting here.
02/01/2011 4:12 PM EST
Protesters Not Happy
Al Jazeera reports that protesters did not react well to the speech, shouting and mocking Mubarak during the speech and many expressing outrage. They feel he did not go far enough as they have been wanting him to step down immediately.
02/01/2011 4:08 PM EST
Mubarak Ends Address
"May God preserve this nation and his people," he ends his address.
02/01/2011 4:08 PM EST
Mubarak Says Egyptian People Have His Word
"This is my promise and pledge to the people," says Mubarak. He says he prays to God to guide him to a successful path to end his career.
02/01/2011 4:06 PM EST
Mubarak: It's Time For Reforms
Mubarak says social, economic and political reforms will take place to fight poverty, unemployment and ensure the rights of the Egyptian people.
02/01/2011 4:05 PM EST
Mubarak: All Political Parties To Have Voices
Mubarak says he will work tirelessly with Parliament, both Houses, and others in the remaining months of his term. He will ensure all political parties have voices in these debates.
02/01/2011 4:04 PM EST
Mubarak: I Do Not Intend To Run For The Coming Presidency
Mubarak says it's time to "ensure a peaceful transition of power" and creating an atmosphere saving security and the people.
He says he will not run again for the presidency when his term expires and it's time for "someone to be elected by the people in the coming election."
02/01/2011 4:01 PM EST
Mubarak: Choice Between Chaos And Stability
Mubarak says these incidents "require us all to choose between chaos or stability" and it's time for a "new Egyptian reality," formed by the people and the military both.
He says he's started to institute new measures to address the many issues facing the country and is making necessary amendments to restore stability and security.
02/01/2011 3:59 PM EST
Mubarak Begins Speaking
"These conditions are about to take us to the unknown," Mubarak says. There are "difficult tests" and some have "wreaked havoc" and caused violence during this time.
The peaceful protests have led to regretful violence and confrontation, he says.