Logie winning host surprises his audience by announcing he is stepping down.
The show, due to be the last episode for the year, instantly became the last of all time. "I've decided after 10 years of doing the show tonight will be my last one," he told his audience.
"This is purely my decision. It's not one I have made lightly or flippantly, or easily I must say. I just think the timing is right. I need to stop, take a step back and see what happens next," he said.
McManus said the decision had been on his mind for some time, but he wanted to quit the show on his own terms.
2009 was the show's 10th anniversary, celebrated by a retrospective special in September. TEN had previously announced the show would return in 2010 following a break. Rumours have speculated about McManus wanting to focus on other Roving Enterprises shows including the 7pm Project. More recently some have whispered he could even join Merrick Watts on radio.
Channel TEN says Rove's decision came off the back of discussions with the network over the last couple of weeks.
McManus added, "The relationship with David Mott and the team at TEN has given us the space to make a show that we are extremely proud of over the last 10 years. It is more opportunity than most will ever get. I thank them for their support and hope they have enjoyed the ride as much as I have."
Thanking his supporting cast of Peter Helliar, Hamish & Andy, Ryan Shelton, Judith Lucy and Kristy Warner, McManus acknowledged those on his crew, some of whom have been with him since his earliest days in community television.
"This is all I've ever wanted to do," he said.
"From the bottom of my heart and with a tear in my eye I say thank you, thank you, thank you."