Rock legends Led Zeppelin are to reunite for a one-off, £125-a-ticket concert, it was announced today.

The band, who disbanded 27 years ago following the death of drummer John Bonham, confirmed they will perform at the O2, the former Dome, on November 26.

Robert Plant, Jimmy Page and John Paul Jones will be joined on drums by John Bonham’s son Jason. The concert is a tribute to Ahmet Ertegun, the founder of Atlantic Records, who died last year.

Pete Townshend, Bill Wyman and the Rhythm Kings, Foreigner and Paolo Nutini, artists all touched by Ertegun’s guiding hand over the years, will also perform. Nutini was the final British artist that Ahmet mentored.

To defy touts, fans seeking tickets must register at www.ahmettribute.com. Names will then be chosen at random, and tickets will be limited to two successful applicants per household.

Harvey Goldsmith, concert promoter, warned fans not to buy tickets from companies offering hospitality packages at prices of more than £250. The only official tickets for the 20,000 capacity show would be available through the ballot.

Robert Plant, Zeppelin singer, said: “During the Zeppelin years, Ahmet Ertegun was a major foundation of solidarity and accord. For us he was Atlantic Records and remained a close friend and conspirator - this performance stands alone as our tribute to the work and the life of our long standing friend.”

Plant said the show would be a one-off although promoters estimate a world tour by one of the strongest brands in rock could generate £500 million.

The band formed in 1968, from the ashes of The Yardbirds. Their self-titled debut was released and is regarded as one of the pivotal records in the creation of heavy rock.

Famed for Stairway To Heaven and Whole Lotta Love, the band sold more than 300 million albums worldwide. Their style mixed Arabic influences, pastoral folk and hard rock. The band were notorious for their excessive living while on tour. When Bonham died in 1980, his bandmates said Led Zeppelin was over.

The trio reunited once for a performance at the 1985 Live Aid concert in Philadelphia, which was plagued by technical difficulties, and for their 1995 induction into the Rock And Roll Hall Of Fame.

The concert will coincide with the release of a new greatest hits collection in November. Plant had brushed off talk of a reunion and enjoyed critical acclaim for his most recent solo album Mighty Rearranger. His new album is a selection of duets with bluegrass singer Alison Krauss.

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