Hot utility back Matt Giteau has ended speculation about his rugby future, signing a three-year deal to stay with the ACT Brumbies.

The NSW Waratahs showed initial interest in the exciting 21-year-old Wallaby, but then failed to follow through, making Giteau's decision to stay in his home town an easy one.

"In the end the Waratahs didn't show any interest and make much of an offer but that wasn't really the main point," Giteau said.

"I think it was the fact to play with my mates that I've grown up playing football with and I've got a chance over the next couple of years before they retire to learn off senior players at the Brumbies."

The Brumbies have made a priority of recruiting young talent like utility back Mark Gerrard, lock Mark Chisholm, flanker Tamaiti Horua and halfback Matt Henjak, to cover for the aging brigade of George Gregan, Stephen Larkham and Owen Finegan.

Giteau played in the centres this Super 12 season, but NSW targeted him as a five-eighth to replace the departing Duncan McRae.

Giteau told coach David Nucifora he didn't mind where he played in the ACT backline.

"I enjoyed playing inside centre this year, I had a great time so it didn't bother me too much," he said.

"Nuci said I might get an opportunity in some games with Bernie (Larkham) moving to fullback but he'll be there for the big games.

"I learnt a lot this year playing outside him and I've got plenty of years to learn off him so I'd be stupid to go."

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