Huddersfield Giants coach Nathan Brown has signed a 12-month contract extension for the 2012 season.
The 37-year-old Australian had been widely tipped to return home and take the vacant coaching role at Penrith.
But the 2009 Super League coach of the year, whose three-year deal was due to end this season, has ended speculation.
"Our progress under Nathan has been excellent and to have him as our coach for a further season is marvellous," said managing director Richard Thewlis.
"This will be viewed as great news by everyone connected with our club and is a wonderful fillip for us all as we enter the second half of the season sitting second in Super League and still in the Challenge Cup."
He recently claimed his decision over whether to stay in England would be influenced by his family.
"We have respected his wishes in making this decision in his own time as it's a big call for him to make but we are naturally delighted that he remains here with his family in West Yorkshire," Thewlis added.
"We can all now knuckle down to our respective tasks in the knowledge that we have a man at the helm who we all feel here can bring silverware to this great club."
"I think it was something every single player wanted to hear," said Huddersfield captain Kevin Brown.
"It's no exaggeration to say that, under Browny's coaching, we've all improved as players and we know that, with Nathan here for another 18 months, we'll all continue to improve."