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. Last Updated: 07/27/2016

Nobel Prize Imminent

STOCKHOLM, Sweden -- The winner of the 1997 Nobel Literature Prize will be announced Thursday, the Swedish Foreign Ministry said Tuesday.

A Foreign Ministry spokeswoman said the 7.5 million kronor (about $1 million) prize would be announced at the ornate central Stockholm headquarters of the Swedish Academy, which selects the annual winner. Last year's winner was Polish poet Wislawa Szymborska.

The literature prize is part of the annual Nobel jamboree, launched on Monday when U.S. researcher Stanley Prusiner won the Nobel Medicine Prize.

The most famous of the awards, the Nobel Peace Prize, will be announced in Oslo on Friday.