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Talking to his supporters, Anna said: "Our fight against corruption does not end here. We will continue the fight."
"This is a victory of people. There is still a long way to go. The real fight begins now," he added.
"I have broken the fast because the government has conceded to our demands. I thank all those who stood for anti-corruption and we are all one for our contry."
"Bhagat Singh, Sukhdev and Raj Guru had woken the English government and took away its sleep. Through your support, you have woken up the present government from its slumber."
"The people's movement has enhanced India's prestige. The youth has awakened. That is a good sign. If youth decide they can turn the politics of the country," Anna said.
Social activists Swami Agnivesh, Medha Patkar and Kiran Bedi hailed Hazare's campaign as the Gandhian said he would to continue the fight for the "second struggle for independence".
In the morning, Prime Minister Manmohan Singh issued a statement saying the government intends to introduce the "historic legislation" in the Monsoon session of Parliament.
He described the coming together of civil society and government on the Lok Pal Bill issue as a step that augurs well for democracy, saying it signifies the mutual resolve to combat corruption.
"I am pleased that Anna Hazare has agreed to give up his fast," he said after his ministers worked out a deal with Hazare's emissaries on Friday night to bring to end the protest at Jantar Mantar.
Shouts of 'Vande Mataram' and 'Bharat Mata ki Jai' rent the air as Hazare's followers and admirers gathered in hundreds, just a stone's throw from Parliament, celebrated the notification that was proudly displayed at the fast site.
Making a brief speech after he broke his fast, the veteran Gandhian said it was just the beginning of a long struggle ahead and he would not rest content with the Lok Pal Bill but also fight for reforms of the electoral system, including the 'right to recall' from gram panchayat level.
The notification by the Ministry of Law and Justice said the Joint Drafting Committee to prepare a draft of the Lok Pal Bill will have five ministers from the government and five nominees of Hazare, including himself.
The five ministers are Finance Minister Pranab Mukherjee, Chairperson, Home Minister P Chidamabaram, Law Minister Veerappa Moily (Convenor), HRD Minister Kapil Sibal and Water Resources Minister Salman Khurshid.
The civil society will be represented by Hazare, former Supreme Court judge N Santosh Hegde, former Law Minister Shanti Bhushan (Co-Chairperson), lawyer Prashant Bhushan and RTI activist Arvind Kejriwal.
The notification said the Joint Drafting Committee will commence work forthwith evolving its own procedure to prepare the proposed legislation.
The committee shall complete its work latest by June 30, it said.
Kejriwal told media persons that by Monday it would be known as to when the committee would hold its first meeting.