Paris Suspects
Pictures released by French Police in Paris show Cherif Kouachi, 32, (L) and his brother Said Kouachi, 34, (R), suspects in the attack on the offices of satirical French magazine Charlie Hebdo.Getty

The Islamic State [IS] group have praised the two gunmen who stormed the offices of a satirical magazine in Paris as "heroic jihadists", according to a monitoring group.

The Site Intelligence Group, who have previously discovered footage of IS hostages John Cantlie, James Foley, Steven Sotloff and David Haines through its monitoring, said that the terror group praised Cherif Kouachi and his brother Said Kouachi in an audio bulletin which was posted on jihadi forums.

"We start our bulletin with France. Heroic jihadists killed 12 journalists and wounded ten others working in the French magazine Charlie Hebdo, and that was support for our master (Prophet) Mohammad, may Allah's peace and blessings be upon him," according to the audio bulletin.

In the attack on the offices of Charlie Hebdo, ten journalists and two police officers were killed after uproar among radical Muslims that the magazine had insulted Islam by depicting Mohammed in various forms.

The hunt for the two suspects has continued into a third day and they are believed to be holed up in an industrial complex in the town of Dammartin-en-Goele with French special forces surrounding them.