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UPDATED 1525 GMT: The pro-Ahmadinejad Islamic Republic News Agency, on its English-language site, is now reporting the Tehran Prosecutor's announcement that Sarah Shourd will be released on $500,000 bail, even though "the documents about three American spies indicated that they were not on an excursion in Iran".
Interestingly, IRNA's Persian-language site still has no reference to the development.