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CNN LARRY KING LIVE - Interview with Prince Albert II - Aired October 26, 2005.

LARRY KING, CNN HOST: Tonight, His Serene Highness Prince Albert of Monaco, the son of Princess Grace and Prince Rainier in his first primetime interview since ascending to his late father's throne. Prince Albert of Monaco for the hour next on LARRY KING LIVE. We're in New York tonight with Prince Albert, His Serene Highness, Prince Albert II of Monaco.

PRINCE ALBERT II OF MONACO, HIS SERENE HIGHNESS: It's good to see you, Larry.

KING: The former flight attendant Nicole Coste announces in a cover story in "Paris Match" in early May that she had had a 22-month- old son by you. The name is Alexander. How did you react when that broke?

ALBERT: Well, obviously, Larry, when an event like this that is strictly in the private realm and it concerns your private life when that is made public it's sort of a shock and you do feel betrayed in many ways and...

KING: Did you feel it was coming?

ALBERT: I felt as though it would come out at some point.

KING: Is there nothing private about a head of state?

ALBERT: You know it's very funny. A lot of people asked me, even you know people that know me quite well said is it possible to have a private life? It is but you have to be so careful in how you carry out your private life, where you do it and who you see and when, you know, because it's -- and sometimes and it certainly has happened at different periods of my life where I, you know, I would forget to be careful or cautious, you know. But sometimes you know you want to live a relatively normal life and so you try to go about your -- and to try to pursue your interests or to go on holiday wherever you like to but then it catches up to you at some points.

KING: Were you supporting the boy?

ALBERT: You know and I've always said this, he will be very well taken care of.

KING: You didn't know about him up to then?

ALBERT: I did know about him but that also happened in a very kind of strange way but he will have everything he needs and I will see him as often as possible but, you know, and anything else is just my concern or concerns my private life.

KING: Was this blackmail of any sort? Did she say to you unless you do something with this financially I'm going to go to the press?

ALBERT: I had already taken care and pledged support and had already started supporting but I think the lure of recognition and of, you know, being in the public eye was a great -- was very appealing to her.

KING: Does he ascend to the throne?

ALBERT: No, he's not because the law says that it's a direct descendant of a legitimate union, so a marriage, so whatever siblings come out of that marriage will be in line for the throne.

KING: All right, so he's an heir to the money. I mean he has money coming to him. What happens if you never marry?

ALBERT: I haven't envisaged that concept.

KING: If God forbid something happened to you is he Prince?

ALBERT: Well, then we will have to -- we will have to review this.

KING: But you're going to get close to him, I mean you want to be close to him?

ALBERT: I've already seen him and I will see him when the time is right and when I've been able to work out ways to see him in a private way.

KING: He's how old now two and a half?

ALBERT: Yes.

Alexandre start of the new school year in a private bilingual nursery school in Nice, France, on September, 7, 2006.

Alexandre first day at nursery school