Bojan Krkic has signed a new two-year deal with Barcelona.
Bojan, whose current deal was due to run out in 2013, will then be tied to the Catalan giants until June 30, 2015, with the buy-out clause in his new contract rising from 80million to 100million euros.
The 20-year-old made his debut for Barca three years ago and has scored 38 goals in 146 senior appearances for the club.
After penning his deal Bojan, who joined Barca when he was 11, said on the club's website: "I'm happy for the peace of mind this has given me and for having the chance to continue growing at the club of my life.
"What really matters to me is what happens on the pitch, but the fact the club will allow you to sign a contract for so many years shows they have confidence in you."