Jack Wilshere, Alex Oxlade-Chamberlain, Kieran Gibbs, Aaron Ramsey and Carl Jenkinson have signed new long-term contracts with Arsenal.
Wilshere, 20, has recently made his comeback from a lengthy period on the sidelines and has impressed during his ten appearances in all competitions this season.
Gibbs, 23, has also struggled for fitness but has enjoyed a run in the side of late at left back, while Oxlade-Chamberlain, 19, has steadily made an impression on the first team since signing from Southampton in 2011.
Ramsey, 21, has recovered from a nasty leg break he sustained in 2010 to be a regular squad player for the Gunners, while Jenkinson, who joined from Charlton in 2011, has provided competition to Bacary Sagna.
Arsenal manager Arsene Wenger said on the club's official website: "We are delighted that these five young players have all signed new long-term contracts.
"The plan is to build a team around a strong basis of young players, in order to get them to develop their talent at the club. Jack is certainly the best known, the leader of this group - but the other four players are exceptional footballers, and we're very happy that we could conclude their new deals at the same time."
He continued: "Gibbs, Jenkinson, Oxlade-Chamberlain, Ramsey and Wilshere represent a core of the squad and it's an extension for a long period for all of them.
"I'm a strong believer in stability and I believe when you have a core of British players, it's always easier to keep them together and that's what we'll try to achieve going forward."