Antic's side finished bottom of Group D despite a 1-0 win over 10-man Germany, with a 1-0 defeat against Ghana and then a 2-1 loss to Australia in their final game proving costly.

The Serbians were, however, just a goal away from progressing against the Socceroos with Antic and his team aggrieved after a late penalty claim was turned down.

The 61-year-old, who took over as Serbia coach in 2008, believes his side showed enough in South Africa to ensure he should remain in charge for the upcoming 2012 European Championship qualifiers.

"When I signed a contract with the Serbian Federation I accepted a contractual obligation," Antic said in a press conference.

"And I have no intention of going back on it.

"I think that we made a good impression.

"We beat Germany and gave it our all in trying to win our third match (against Australia). I believe that those are sufficient grounds for me to continue in charge of the national side."