Mr Hollande, 59, the most unpopular French leader in
modern history, announced the news in a telephone call to the Agence France
Presse (AFP) news agency on Saturday evening.
Saying he was speaking as a private individual, Mr
Hollande was quoted as saying: "I wish to make it known that I have ended
my partnership with Valerie Trierweiler."
Earlier, officials in France denied reports that the
couple were separating.
A spokesman for the Elysee Palace, the president's
official residence, told Sky News the "rumour" was "not
true" and said it was not preparing to issue a statement.
Patrice de Beer, former editor of French newspaper Le
Monde, told Sky News he believes Mr Hollande announced the news to try to draw
a line under the scandal.
He said: "He wants to show there is a difference
between his private life and his public life, which would probably mean that
there shouldn't be any more first ladies in the future.
"And if he has a partner she won't be attending
official functions, she won't have an office or bodyguards, she won't be part
of official visits. Things have dragged on far too long."
Earlier this month, Mr Hollande admitted he was going
through a "painful time" in his personal life after a French gossip
magazine printed photos it claimed showed him spending a night with 41-year-old
actress Julie Gayet.
Closer has since removed the report from its website,
although it did not order copies of the publication to be pulled from
news-stands.
Ms Gayet is suing the magazine for €50,000 (£41,650) in
damages and €4,000 (£3,330) in legal costs, claiming it breached French privacy
rules.
Mr Hollande, who has himself threatened legal action over
the pictures, said he was "totally indignant" about the story, which
he claimed threatened the principle of "respect for private life and
people's dignity".
Although the president is not married to Ms Trierweiler,
they were long-term partners.
She assumed the role of First Lady after Mr Hollande's
election in 2012. It is not clear whether she remains First Lady following
their announced separation.
Ms Trierweiler, 48, was admitted to hospital on January 10
with depression after the allegations about Mr Hollande's private life were
published, and was released only last weekend.
She is due to fly to Mumbai in India on Sunday for a
charity trip organised by Action Against Hunger, in what will be her first
public appearance since the scandal broke.
Mr Hollande announced his separation from Segolene Royal,
a senior member of his Socialist party and a presidential candidate in 2007,
just after she lost the election to Nicolas Sarkozy.
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