UPDATE 1-Augusta, home of The Masters, admits first women members

(Adds details, background, statement from Rice)

Aug 20 (Reuters) - The Augusta National Golf Club, home of

The Masters golf tournament, on Monday said it has admitted two

women as members for the first time: former U.S. Secretary of

State Condoleezza Rice and financier Darla Moore.

The storied Georgia club's previous status as male-only has

created controversy, including ahead of this year's tournament

when President Barack Obama weighed in on the matter, saying

through a spokesman that he believed women should be admitted.

"This is a joyous occasion as we enthusiastically welcome

Secretary Condoleezza Rice and Darla Moore as members of Augusta

National Golf Club," club President Billy Payne said in a

statement.

Payne, who has refused in the past to speak publicly about

membership matters, did not directly address the gender bar

issue in his statement, saying only that it was a "significant

and positive time" for the club and that Rice and Moore were

subjected to the same review as other candidates.

"Consideration with regard to any candidate is deliberate,

held in strict confidence and always takes place over an

extended period of time," Payne said. "The process for

Condoleezza and Darla was no different."

"I have visited Augusta National on several occasions and

look forward to playing golf, renewing friendships and forming

new ones through this very special opportunity," Rice said in a

statement.

"I have long admired the important role Augusta National has

played in the traditions and history of golf," she said. "I also

have an immense respect for the Masters Tournament and its

commitment to grow the game of golf, particularly with youth,

here in the United States and throughout the world."

Augusta National's membership policy has been an issue for

years, but it took on added significance after Ginni Rometty

became chief executive officer of IBM Corp. in January.

IBM, the world's largest technology services company, is a

long-standing sponsor of the Masters, the first of the four

"major" golf tournaments of the year, and its past four CEOs

were granted membership to Augusta National. Rometty was not

included in Monday's announcement of new members.

(Reporting By Dan Burns and Steve Ginsburg; Editing by Eric

Beech and Vicki Allen)