"The crisis in Makati is over," Arroyo announced with a huge smile on nationwide television after marathon talks with leaders of 296 soldiers who took over the Makati financial district.

"(The) 296 soldiers including 70 officers are standing down and returning to barracks. They will be investigated and their cases will be disposed of in accordance with the articles of war," she said.

"They have not asked for and they shall not be given special treatment."

Arroyo thanked the leaders of Congress, the church, the people and the international community for supporting her government during the one-day mutiny that began around 18 hours ago when rebels seized buildings in Manila's financial district.

"I assure the world that this event does not in any way injure our national security and poltical stability... Once more, this has been a triumph for democracy," Arroyo said.

Officials said the officers who led the rising would face military justice.

The soldiers involved are "answerable to the articles of war," which governs the conduct of men in uniform, retired former military chief Roy Cimatu told reporters separately as he announced the results of several hours of talks.

He said he expected the rebel leaders to be "gentlemen enough to face whatever the consequences of their actions."

The soldiers seized a high-rise service apartment and shopping complex early Sunday after Arroyo announced that she had foiled a coup plot.

They had demanded that she and Defense Secretary Angelo Reyes resign, accusing them of corruption as well as of sponsoring terrorism.

Armed forces chief of staff General Narciso Abaya said the rebels were now "being bussed" toward the Fort Bonifacio army headquarters in southern Manila.

"That's where they're going to stay overnight, then tomorrow they will go back to their barracks," Abaya added.

Cimatu, who led the government side in talks with the rebels, said the authorities are now "sanitizing" the apartment complex, which had been booby-trapped by the rebels.

WAR.WIRE