Informed sources, speaking to Ahram Online, confirmed speculation that President Hosni Mubarak will announce that he is stepping down in a televised address later tonight. According to these sources, Mubarak will announce the transfer of his presidential powers to the Supreme Council of the Armed Forces, and not to Vice President Omar Suleiman.

According to these same sources, Mubarak will then be accompanied to the Sinai resort of Sharm El-Sheikh.