Robinov also announced that director David Yates, who earlier helmed the 2007 summer blockbuster Harry Potter and the Order of the Phoenix and is currently in production on Harry Potter and the Half-Blood Prince, will also direct Harry Potter and the Deathly Hallows. This marks the first time that any one director will helm more than two releases in the Harry Potter film franchise.

In addition, David Heyman, who first brought the project to Warner Bros in 1997, will be completing the film franchise as the producer of all of the Harry Potter films. David Barron will also continue as producer. Harry Potter and the Deathly Hallows will be adapted by screenwriter Steve Kloves.

Robinov stated, “It has been an honuor for our studio to be entrusted with bringing JK Rowling’s extraordinary book series to the screen, and we have always felt a great responsibility to be true to her vision. In concluding the film franchise, we recognised that Harry Potter and the Deathly Hallows is packed with vital plot points that complete the story arcs of all of its beloved characters.

"That said, we feel that the best way to do the book and its many fans justice is to expand the screen adaptation of Harry Potter and the Deathly Hallows, and release the film in two parts. We could not imagine the final chapter of the film franchise being in better hands than those of David Yates.”

Warner Bros Entertainment president and COO Alan Horn says, “This is a very special moment for us, as it is the final episode in the great journey that JK Rowling undertook more than a decade ago. It has been a journey for all of us at Warner Bros as well, and we are confident that our filmmakers will finish our series of films as a fitting complement to Jo’s completion of Harry’s story on the page.”

Heyman says, “Over ten years ago, we made a commitment to Jo Rowling that, above all else, we would be faithful and true to the spirit of her books, and ever since we have endeavoured never to compromise on the creative ambitions of the films. The Deathly Hallows is so rich, the story so dense and there is so much that is resolved that after discussing it with Jo, we came to the conclusion that two parts were needed to do it justice.

“I am thrilled that David Yates is returning to direct The Deathly Hallows. He is both inspired and inspiring and is a passionate fan of the remarkable world and characters Jo has created. I know he will lead our incomparable cast and crew - most of whom have been with us since the very beginning - in bringing the series to the unforgettable conclusion it deserves.”

Yates says, “I’ve had great pleasure working with a tremendous cast and crew thus far, on both the Order of the Phoenix and the Half-Blood Prince. It’s a wonderful world to work in and be part of and to create within, and I consider it a great privilege to continue to bring Jo’s extraordinary world to the screen, and to be the director to complete this epic and exhilarating journey.”

Part one of Harry Potter and the Deathly Hallows will open in 2010, with part two to be released in quick succession in the summer of 2011.