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Socialist Prime Minister to resign after shock exit poll

France's Socialist Prime Minister Lionel Jospin, who faces elimination in the first round of the presidential election, says he will retire from politics after the final round on 5 May.

He described exit poll predictions that he would be beaten into third place by President Jacques Chirac and extreme right leader Jean-Marie Le Pen as a thunderbolt. He said he assumed full responsibility for his apparent defeat.

Mr Jospin, who is 64, also warned against the danger posed by Le Pen's surprise victory, which he said was a very worrying sign for France and for French democracy.