"To the best of my knowledge, he has not crossed into Pakistan," the president said, responding to a question by a Belgian journalist during a joint news conference with EU president, Belgian Prime Minister Guy Verhofstadt.
Musharraf said Pakistan had made all necessary security arrangements along the long porous border with Afghanistan to ensure that bin Laden did not sneak into Pakistani territory.
Regular troops had been moved to the border and the government had secured the support of tribal leaders in the areas along the frontier.
International media networks have continued to speculate that bin Laden was likely to make a bid to find refuge with sympathisers in Pakistani territory.
Recently, Islamabad vehemently denied an Iranian radio report claiming that the alleged terrorist had taken refuge inside Pakistan.
The border authorities have arrested many Pakistani volunteers and several foreigners who crossed over from Afghanistan in the wake of the rout of the Taliban forces.
A prominent tribal militant leader Sufi Mohammad, who took thousands to Afghanistan to fight on the side of the Taliban, has been jailed for three years along with dozens of his companions.