Johnny Rotten fronted the Pistols

The song will feature the original artwork, a picture of the Queen with a safety pin through her nose, which caused great outrage at the time.

In December last year the prospect of the group reforming for a concert to mark the jubilee was proposed but no details have emerged.

Promoter John Giddings - who was behind the punk icons' 1996 reunion - said he had been offered "substantial sums of money" by "a variety of parties" to put together a comeback concert.

Banned

The song includes the verse: "God save the Queen...she ain't no human being...There is no future...In England's dreaming".

In 1977 many radio stations were banned from playing the record but that did not stop the song officially reaching number two in the pop charts.

At the time some people claimed sales figures had been massaged in order to prevent the single reaching the number one spot in time for the jubilee.

On 3 June 1977, the band - Johnny Rotten, Steve Jones, Paul Cook and Sid Vicious - were arrested after they performed on a boat on the river Thames in London.