U.N.'s International Atomic Energy Agency and its head, Mohamed ElBaradei, have been awarded the Nobel Peace Prize.

The U.N. nuclear watchdog and its head, Mohamed ElBaradei, won the 2005 Nobel Peace Prize on Friday for their efforts to limit the spread of atomic weapons.

The Norwegian Nobel Committee picked the International Atomic Energy Agency (IAEA) and ElBaradei, an Egyptian, from a record field of 199 candidates.

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