Road-rage killer Kenneth Noye is to be released from prison after the Parole Board concluded he is suitable to return to the community.
The 71-year-old was jailed for life with a minimum term of 16 years in 2000.
He stabbed 21-year-old Stephen Cameron to death on an M25 slip road in Kent in 1996.
Noye went on the run after the killing and was arrested in Spain in 1998.
He first became eligible to be considered for release in April 2015.
Noye, who is now 71, is being held at Standford Hill Open Prison in Sheppey.
Wednesday was his third attempt to secure his release.
- Reporter John Ryall has been looking at Kenneth Noye's criminal career:
Interviewees: Toni Cameron, Stephen's mother, speaking in 2015 & Wensley Clarkson, author, speaking in 2017 & Ken Cameron, Stephen's father, speaking in 2015.
In 2017, the Parole Board recommended Noye be transferred to “open conditions”.
The board has now directed his release, following an oral hearing earlier this month.
A spokesperson for the Parole Board said its "decisions are solely focused on whether someone would represent a significant risk to the public after release.
“The panel will have carefully looked at a whole range of evidence, including details of the original evidence and any evidence of behaviour change.
“We do that with great care and public safety is our number one priority.”