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Groote Schuur Announcement

Lord Waldegrave, Chairman of the Rhodes Trust, announces at a special luncheon at Groote Schuur in Cape Town, South Africa, that a benefaction of £10 million, over 10 years, will be made to bring into being the new Mandela Rhodes Foundation. Mr Mandela, in attendance, expresses his delight about the historic initiative, and says he expects great things from his newest Foundation.