The 36-year-old midfielder has made 862 appearances for the 18-time Premier League champions in a glittering career spanning 21 years.
Giggs, who has more than 32 winners’ medals including 11 Premier League titles and two Champions League crowns, made his debut for the Red Devils in 1991.
“All I’ve ever wanted to do is play for United and I’ve been lucky enough to do that for 20 years,” said Giggs. “It is great to know I’m still contributing to the team’s success and I feel I’ve got a lot to offer on and off the pitch.
He added: “This is an exciting time to be involved with so many good young players coming through.”
United boss Sir Alex Ferguson clearly believes Giggs still possesses the necessary attributes compete at the top level and remains full of praise for the veteran midfielder.
“You run out of words to describe Ryan Giggs,” said Ferguson. “He is a marvellous player and a wonderful man.
“To have the desire and the ability to play at the top level in such a physically demanding position at his age requires a special person.
“He is still turning in man-of-the-match performances and his experience is so vital for the younger players in the squad.”
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