Updated report 6.21pm: SCHAPELLE Corby is one of 1291 Indonesian prisoners who has been granted parole.
The decision was announced by the Indonesian Justice Minister Amir Syamsuddin at about 6.20pm.
The Justice Minister did not want to talk about the Corby case specifically.
"This parole is not a generosity," he said.
"It is a right that is regulated by the laws of the land.
"We are a dignified nation and we enforce the law, and we don't look at who that person is we look at the legislation.
"We uphold the law."
It is understood official court documents must be delivered to Kerobokan prison, where she has been held for the nine years since her 2005 conviction for smuggling more than 4kg of cannabis into Indonesia, before she can be released.
It is expected Corby will be released into the care of her sister Mercedes in Bali. Under the conditions of her parole she cannot return to Australia until July 2017.
Intial report: A GROUP of Indonesian MPs have drawn up a letter opposing the possible release of Schapelle Corby, ahead of her parole decision due late Friday.
Indonesia's justice minister, Amir Syamsuddin, is set to hold a press conference in Jakarta at 6:30pm (AEDT) where he will talk about 1,700 prisoner applications he has been reviewing, including Corby's.
The former Gold Coast beauty student was jailed in Bali in 2005 after authorities found 4.1 kilograms of marijuana in her bodyboard bag at Denpasar airport the year before.
The ABC reports that Taslim Chaniago from one of the country's nationalist and religious parties says the government is being soft on people involved in the drug trade.
"We regret the government's inconsistency in the eradication of the drug trade and distribution, where the political decision doesn't support the law enforcement," he said.
Mr Chaniago says drug offences are one of the country's most serious crimes and there should be no leniency.
News Corp reported this afternoon that Mercedes Corby, Schapelle's sister, had arrived at Bali's Kerobokan Jail.
Nine footage showed Mercedes Corby arrived on a motorbike with husband Wayan - and the two were jostled by the huge media pack waiting outside the jail.
FLASHBACK: THE MOMENT CORBY WAS CONVICTED
Tony Abbott staying mum on Schapelle Corby release
PRIME Minister Tony Abbott says he won't be making any comments on the fate of Schapelle Corby in the hours leading up to her parole decision on Friday afternoon.
Indonesia's Justice Minister Amir Syamsuddin is set to give an update on the progress of Corby's parole bid, along with that of all the 1700 parole applications on his desk.
Mr Syamsuddin said a media conference would be held at 1pm Jakarta time (5pm AEDT).
He told reporters parole was a right for prisoners who have fulfilled all the requirements and was not something given at the behest of the minister's generosity.
Mr Abbott was questioned about Schapelle Corby by reporters on Friday morning.
He said he understood the public 'psyche' around her possible release, particularly among supporters.
But he said he did not plan to complicate Corby's situation by making any public statements.
When Corby finally leaves Kerobokan Jail she is expected to go to a traditional home in the centre of Bali's busiest tourist district.
In prison, she has shared the floor, lying on a mattresses with up to a dozen inmates.
News Corp reports that the Corbys have agreed that once Schapelle is released, which could be as early as next week, she will live at the home of her sister Mercedes, brother-in-law Wayan Widyartha and their three children.
The family's biggest concern will be how they will cope with the huge media presence which is expected to follow her every move.