Simon Le Bon, the lead singer of Duran Duran, said: "Performing to so many people on the most exciting day in sport for Great Britain will be one of the highlights of the last decade for us. We have been invited to represent England for this Team GB show, and we couldn’t be more proud. Seeing the torch being lit on the big screens before hitting the stage in this iconic location will be a great experience… we simply can't wait".
Snow Patrol's Jonny Quinn added: "Living in London and everything, with all the excitement, it's certainly an honor to be part of it. I think it will be very special."
Tickets for the concert go on sale to the general public on Friday May 4 at 9.00am priced at £60.00 plus booking fee, and will be available from www.btlondonlive.com.
Another concert marking the end of the Olympics will be held in Hyde Park on August 12, with a "Best of British" line-up comprising Blur, New Order and The Specials.
Blur previously performed sell-out concerts in Hyde Park in 2009.
The number of concerts held in the park is to be cut next year from 13 to nine after complaints from residents.
Westminster Council has also decided to reduce the number of people who can attend the events from 80,000 to 65,000, and in some cases to 50,000.
The changes will come into effect in 2013.
>>>