Ulster have announced that Ruan Pienaar has signed a three-year contract extension to stay at Ravenhill until 2017.
The 29-year-old Springbok international has been at Ulster since the start of the 2010/11 season. He has scored 510 points in 63 games and has been a stand-out performer in both the RaboDirect PRO12 and Heineken Cup.
Pienaar, who can play at scrum-half or fly-half, has won 71 international caps for South Africa, the latest of which came in the Rugby Championship decider against the All Blacks on Saturday.
"I am delighted to be staying at Ulster. I have really enjoyed my first three seasons at the province and I am looking forward to helping the team compete for silverware in the coming years," said Pienaar.
"To be successful, you need top-class players, therefore I am extremely pleased that Ruan, who is one of the best scrumhalves anywhere in the world, is extending his time with us," added Ulster director of rugby David Humphreys.
"The announcement of this contract will give everyone at Ulster - the players, the staff and the fans a huge lift, especially as it had been wrongly reported that Ruan would be leaving us.
"It was no surprise to us that his services were coveted by other clubs, but we always knew that what we could offer him in terms of a great playing squad, a world class stadium and state-of-the-art training facilities would be enough to make him want to stay.
"Ruan's decision to commit to three more years at Ravenhill is a huge endorsement of what we are doing at Ulster and I have no doubt that he will be a key part of our success in the coming seasons."