Wednesday, December 7, 2011 8:36am ET by  
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Guns N' Roses, Red Hot Chili Peppers and Beastie Boys set for Rock and Roll Hall of Fame induction

Guns N' Roses have been named as one of the bands who will be inducted into the Rock and Roll Hall of Fame next year. 

The iconic rock outfit will be immortalised with the coveted honour in 2012 along with Beatie Boys, Red Hot Chili Peppers and the Small Faces/Faces, at a ceremony that will take place on April 14 at Cleveland's Public Hall. 

Chili Peppers' frontman Anthony Kiedis told Rolling Stone magazine about the moment he was given the fantastic news and admitted that he was so proud he cried:

"I called my dad and cried. The most emotional part for me was thinking about [late Red Hot Chili Peppers guitarist] Hillel Slovak. It's really kind of his induction that I'm the most excited about. He's a beautiful person that picked up a guitar in the 1970s and didn't make it out of the 1980s, and he is getting honored for his beauty."

"It really fills my heart with the reality of how much we love doing what we do, and how much Flea and I love each other. We have stuck together through thick and thin and we want to keep on trucking and continuing to do what it is we do."

Watch Guns N' Roses perform at this year's Rock In Rio event below: