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by Chris Bodenner

And it sounds like he's exiting:

Reuters reports that Egyptian President Hosni Mubarak will make a televised address tonight. Citing a report from Al Arabiya, the Arab satellite channel, the news agency says that Mr. Mubarak plans to announce that he will not run in the presidential election scheduled for later this year. The Times has not yet been able to confirm this report but we will bring you more when we have it.

Egyptian journalist Mona Eltahawy tweets:

Mubarak said to address nation to say not seeking another term - the BenAli template and Tunisians still kicked him out.

(Photo: Egyptians gather to watch the Al-Jazeera satellite television station on a set placed on top of public telephone booths in Cairo's Tahrir Square. By Khaled Desouki/AFP/Getty Images)

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