Paul O'Connell is to retire from international rugby at the end of the Rugby World Cup later this year and will leave Munster.
The news, which has long been touted, was confirmed in a press release stating that he would be released from his contract a year early.
The Irish Captain will be released from his IRFU Munster contract once Ireland's participation at the tournament is completed.
Paul, who is currently contracted until June 2016, has requested an early release from contract and both the IRFU and Munster Rugby have acceded to the request given Paul's exceptional contribution to the sport.
The Limerick man made his senior Munster debut in August 2001 away to Edinburgh and has represented the province on 178 occasions. With Munster, Paul has won two European Cups (2006, 2008), three League titles (2003, 2009, 2011) and a Celtic Cup in 2005.
Paul made his Ireland debut against Wales in February 2002 and has won 101 caps for his country. With Ireland, Paul has won a Grand Slam (2009), led his country to two RBS 6 Nations championship titles (2014, 2015) and claimed four Triple Crowns (2004, 2006, 2007, 2009).
In 2009, Paul led the British and Irish Lions Tour of South Africa. A three time Lions Tourist (2005, 2009, 2013) Paul played in a total of 7 Lions Tests and was a member of the Series winning side in Australia in 2013.
Paul O'Connell, said: "I would like to thank Munster Rugby and the IRFU for releasing me from my contract at the end of the Rugby World Cup. I have been hugely fortunate to play with one of the greatest sporting organisations in the world and as a proud Limerick, Munster and Irishman, I will forever treasure my association with Munster Rugby. After the World Cup I would like to experience new environments, and it is my genuine hope and ambition that I will have some future involvement with Munster and Irish Rugby."
"I would also like to thank all Munster and Irish Rugby fans for their support and I look forward to them showing why they are regarded as the best supporters in world rugby as Ireland travel to the Rugby World Cup in England in September.”