Researchers conducted a battery of scientific tests, including radiocarbon dating to determine the skeleton's age. They found the skeleton belonged to a man aged between his late 20s and late 30s who died between 1455 and 1540. Richard was 32 when he died in 1485.
The discovery is a boon for the city of Leicester, which has bought a building next to the parking lot to serve as a visitor center and museum.
The mayor, Peter Soulsby, said the monarch would be interred in the city's cathedral and a memorial service would be held.
Asked if the late king would get a state funeral, Prime Minister David Cameron's spokesman Jean-Christophe Gray said it was a matter for the university.
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