Mick Jagger is set to host US comedy sketch show Saturday Night Live on May 19, and reports are suggesting that he will perform alongside the evening’s other musical guests, the Arcade Fire and Foo Fighters.

The Rolling Stones frontman has confirmed that he will perform on the show as well as host, but Rolling Stone magazine is stating that he might play with the programme’s fellow musical performers.

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Jagger last hosted Saturday Night Live with the rest of The Rolling Stones in 1978. It is thought that he will delve into his band’s back catalogue on the show, in order to kick off their 50th anniversary celebrations.

The Rolling Stones played their first ever gig in London on July 12, 1962, and had been expected to celebrate the half-century landmark by embarking on a world tour later this year, but in March the band revealed that they would be delaying their live shows until 2013.

It was rumoured that health concerns regarding Keith Richards – who said the band were “not ready” to hit the road – were the reason for the delay as there were doubts that he would be able to commit to a full world tour, but the guitarist insisted that playing in 2013 would be a more fitting anniversary. “The Stones always considered ’63 to be 50 years, because Charlie [Watts, drummer] didn’t actually join until January,” he said. “We look upon 2012 as sort of the year of conception, but the birth is next year.”