August 21st 2012: Augusta National has been the home of the US Masters since it began in 1934.

Club chairman Billy Payne said in a statement: "This is a joyous occasion as we enthusiastically welcome Secretary Condoleezza Rice and Darla Moore as members of Augusta National Golf Club.

"We are fortunate to consider many qualified candidates for membership at Augusta National. Consideration with regard to any candidate is deliberate, held in strict confidence and always takes place over an extended period of time. The process for Condoleezza and Darla was no different.

"These accomplished women share our passion for the game of golf and both are well known and respected by our membership. It will be a proud moment when we present Condoleezza and Darla their Green Jackets when the Club opens this Fall.

"This is a significant and positive time in our club's history and, on behalf of our membership, I wanted to take this opportunity to welcome them and all of our new members into the Augusta National family."

Rice, 57, was the national security adviser under former President George W Bush and then became secretary of state in his second term. She now is a professor of political economy at Stanford's Graduate School of Business.

"I am delighted and honoured to be a member of Augusta National Golf Club," she said.

"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."

Moore, a year older, is vice president of private investment company Rainwater and founder and chair of the non-profit think-tank Palmetto Institute.

The announcement comes a decade after activist Martha Burk stepped up pressure on the club to admit women, to which then chairman Hootie Johnson responded that they would not be forced to change its policies "at the point of a bayonet".