AC/DC has issued a statement confirming widespread reports that founding guitarist Malcolm Young was stepping away from the band due to illness. The statement, however, refuted rumors that the group was breaking up as a result, saying that the legendary Australian act will "continue to make music."

The statement did not indicate the nature or extent of Malcolm's condition, but several Australian reports indicated that he may have had a stroke last month that left him unable to perform, either live or in the studio.

While plans for a tour to mark the group's 40th anniversary remain unclear, singer Brian Johnson told the U.K.'s Telegraph that the band was "definitely getting together in May in Vancouver" to begin work on its 16th studio album.

We all wish the best for Malcolm - the heart and soul of AC/DC!