A Libyan Transitional National Council spokesman confirmed Thursday that Moammar Gadhafi is dead.
"We announce to the world that Gaddafi has been killed," TNC official Abdel Ghogha said at a news conference in Benghazi, adding that Gadhafi died at the hands of Libyan forces and not NATO forces.
Earlier, A TNC official said. "He was shot in both legs and in the head."
Gadhafi was said to be wounded but alive when he was captured, according to Reuters, which said he was detained near Sirte.
He died a short time later.
President Barack Obama said Thursday that the death marked the end of a "long and painful chapter" for the people of Libya.
Speaking in the White House Rose Garden, Obama stopped short of saying whether his administration had independently confirmed that Gadhafi is dead, but declared that he could "definitively say" that Gadhafi's regime had come to an end.
"You have won your revolution," Obama said to the Libyan people, adding that the US and the international community are committed to the nation's citizens.
Later in the day, the Libyan information minister said that Gadhafi's son, Muatassim, had also been killed in Sirte.
Jubilant scenes were reported in Sirte at the news of the elder Gadhafi's death.
Sirte, Gadhafi's hometown and the last bastion of his supporters, was the last holdout against TNC forces. The town's capture, which both military officials and new regime political sources said was expected later Thursday, would pave the way for the TNC to officially take control of Libya and move its headquarters away from its Benghazi stronghold in the east to the capital, Tripoli.