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Princess Diana's memorial fund to wind up

Despite initial reports that the fund would continue indefinitely, the organisers claim the charity was always meant to have a finite life.

It will close at the end of 2012 after 15 years of operation.

A spokesman said that the charity had started to spend its last remaining £13million in capital.

"By 31 December 2012, we aim to close the Fund's doors and cease operating as an organisation." he added.

"Until then, it is continuing to work with its partners to ensure that it leaves a lasting legacy of social change.”...

Read entire article at Telegraph (UK)