Hilary Devey set to exit 'Dragons' Den' at the end of this series!

Hilary DeveyEntrepreneur and star of BBC show Dragons' Den, Hilary Devey has announced that she has quit the business programme in favour of a two-year deal with Channel 4!

Devey who joined the series in February 2011 will front a new entertainment series called The Intern which will see hopefuls compete for an internship with a major British business. Despite her exit, Hilary will appear in one more series of the popular show, currently being filmed in Salford which is set to air in the autumn.

A spokesperson for the BBC show said of Hilary's exit: ''Hilary has been a formidable Dragon in the Den and we're sorry to see her go. She will be breathing fire throughout the new series of Dragons' Den in the autumn on BBC Two but this upcoming series will be her last."

Hilary established her fortune, estimated at £50 million by launching Pall-Ex, a palletised freight network in 1996. It is expected that the other four dragons will remain on the series.