NEW YORK - (AP) - For such a famously excitable guy, Regis Philbin made his big announcement with surprising calm: He's retiring from his show.

Philbin delivered the news at the start of Tuesday morning's"Live With Regis and Kelly," which he has hosted for more than aquarter-century, most recently sharing hosting duties with KellyRipa.

He said he would be stepping down from the show around the endof the summer, though he didn't specify a departure date.

"I don't want to alarm anybody," he began, then said, "Thiswill be my last year on the show."

His brief remarks came during the show's off-the-cuff "hostchat," after he and Ripa had batted the breeze about the GoldenGlobes, football and the icy weather outside.

"It's been a long time, it's been 28 years," Philbin saidreflectively, speaking of his current Manhattan-based show. "Itwas the biggest thrill of my life to come back to New York, where Igrew up as a kid watching TV in the early days, you know, nevereven dreaming that I would one day have the ability, or whatever ittakes, to get in front of the camera and talk to it. ...

"There is a time that everything must come to an end forcertain people on camera - especially certain old people!" crackedPhilbin, who turns 80 in August."I wish I could do something to make you change your mind,"said Ripa.

The show's distributors, Disney-ABC Domestic Television, said ina statement the "Live" franchise will continue, adding that a newco-host will be named to join Ripa, who marks 10 years with theshow next month.

But Philbin, referring to his time left on the show, assuredviewers, "We'll have a lot of fun between now and then."

Philbin's leave-taking will happen not long after another giantof daytime TV, Oprah Winfrey, ends her syndicated show toconcentrate on her new cable network. A Philbin contemporary in thebroadcasting world, 77-year-old Larry King, retired from hisprime-time CNN talk show last month. His successor, Piers Morgan,debuted Monday.