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A 35-year-old British diving instructor, Simon Nellist, was identified by national broadcaster ABC and other media as the victim of Wednesday's attack, which led the authorities to close a string of beaches including the iconic Bondi Beach.
Beaches in Sydney closed after a swimmer died in a horrific shark attack.
Drones scoured the ocean from the air, spotters launched on boats and six drum lines were set to try to catch the creature, which is believed to be at least three metres (10 feet) in length.
Based on an analysis of a video of the incident, biologists said a three metres-long white shark mauled the swimmer.