The midfielder’s contract is set to expire in the summer of 2012 and he has recently been strongly linked with a move to Manchester United.
“We will not be letting the player go before his contract ends in 2012 in any case,” Rummenigge said, speaking at Bayern’s AGM.
“Bastian has developed a great deal in the last two years and I am very optimistic that we and his agents can find an agreement.
“Our aim is to give Bastian a long-term contract.”