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BREAKING -- Duncan Withdraws

RNC chairman Mike Duncan is addressing the members gathered at the Capital Hilton -- and withdrawing from the race:

"Obviously the winds of change are blowing at the RNC. I trust the vision and judgment of my fellow members."

More: "At this time I wish to withdraw my nomination as chairman of the RNC. I want to thank President Bush ... It has truly been the highlight of my life."

Big applause. A standing ovation.

(JENNIFER SKALKA)