The new track will premiere simultaneously on national radio stations across the world tomorrow (17OCT05), and is expected to shoot to number one across the globe - outselling Abba's original, which only reached number three in the UK chart and was never released in America.
Songwriters BENNY ANDERSON and BJORN ULVAEUS only gave permission for their material to be used because they are both avid Madonna fans.
Anderson says, "Gimmie, Gimmie, Gimmie is the essence of the new song and we have agreed to split the copyright with Madonna and her co-writer.
"We get so many requests from people wanting to use our tracks but we normally say no.
"We said yes this time because we admire Madonna so much and always have done.
"She has got guts and has been around for around 21 years. That's not bad going."