LuaLua, 25, had been linked with a move away from Fratton Park this summer but the striker will now stay with Portsmouth until 2009.

He told Portsmouth's website: "There's been a lot of speculation about my future but I always wanted to remain with Pompey.

"I'm grateful to the board and management for their support and for showing faith in me. I will not let them down."

LuaLua, who has been at the club since joining from Newcastle in 2004, played a key role in Portsmouth's remarkable escape act last season as Harry Redknapp's side climbed clear of relegation in the final weeks of the campaign.