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The 1998 Presidents Cup was held 11–13 December in Australia at the Royal Melbourne Golf Club in Black Rock, Victoria, a suburb southeast of Melbourne. The International team won the competition by a margin of 201⁄2–111⁄2. This was the first time the International team won the competition, and through 2022, is their sole victory. The honorary chairman was Australian Prime Minister John Howard. It was the third Presidents Cup competition and the first held outside the United States. The competition returned to Royal Melbourne in 2011 and 2019