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South Korea's presidential candidate Park Geun-Hye of ruling Saenuri Party, waves to supporters after arriving at the party headquarters in Seoul, South Korea, on Wednesday Dec. 19, 2012. Liberal South Korean candidate has conceded victory to Park Geun-Hye. Following her election victory Park Geun-hye will return to her childhood home, the presidential palace from where her dictator father President Park Chung-hee ruled South Korea for 18-years. (AP Photo / KIM JAE-HWAN, pool)

South Korea's presidential candidate Park Geun-Hye of ruling Saenuri Party, waves to supporters after arriving at the party headquarters in Seoul, South Korea, on Wednesday Dec. 19, 2012. Liberal South Korean candidate has conceded victory to Park Geun-Hye. Following her election victory Park Geun-hye will return to her childhood home, the presidential palace from where her dictator father President Park Chung-hee ruled South Korea for 18-years. (AP Photo / KIM JAE-HWAN, pool)

S. Korea elects first female president

Park Geun-hye,

daughter of a divisive military strongman from South Korea's

authoritarian era, has been elected the country's first female

president, a landmark win that could mean a new drive to start talks

with rival North Korea. (AP)