The 2012 Olympic torch relay will pass through Southwark and Lambeth on Thursday 26 July.
The London Organising Committee of the Olympic Games has confirmed the outline timetable for the torch relay but has yet to release street-by-street information.
As the torch will arrive in Southwark from the City of London, it seems certain to pass through SE1.
"I'm thrilled by this news," says Cllr Veronica Ward, Southwark's cabinet member for culture, leisure, sport and the Olympics.
"Seeing the Olympic flame being taken through the streets of Southwark will be a once in a lifetime experience for many of our borough's residents.
"Because it is passing through our streets the day before the London 2012 Games are due to open, this will mean all eyes are on Southwark, and that's going to be hugely exciting for everyone who lives, works and studies in our borough.
"We've done so much already in our borough to prepare for next year's games, and this will be another exciting event for us."
Even if SE1 residents miss the torch relay on Thursday 26 July, there is likely to be a further opportunity to see the Olympic flame as it travels down the River Thames on Friday 27 July en route to the opening ceremony at the Olympic Stadium.
"We are thrilled to confirm that Southwark will act as a host location for the Olympic flame on 26 July, extending an invitation to people across the borough to welcome the Olympic torch relay during its journey around the UK," says Lord Coe, chair of LOCOG.
"This is the UK's moment to shine and I want to encourage people across Southwark to start planning how they can be part of this once in a lifetime opportunity and show their support for the inspirational torchbearers chosen to carry the Olympic flame as we count down to the start of the Olympic Games."
Organisers of next year's relay will hope to avoid the chaotic scenes that are the abiding image of the Beijing flame's journey through London.