The 32-year-old defender’s current five-year deal expires in 2014.
"I’ve got a year left at Chelsea after this," Terry said in the London Evening Standard.
"People have spoken about no new contract and this kind of thing but it’s not even on the agenda at the moment.
"They may sit down with me once the season has finished and we’ll start talking then.
"Whether it’s a yes or a no I’ll continue to give my very best until my contract finishes."