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Erica Morningstar swims in the women's 200-meter individual medley at the USA Swimming Grand Prix swim meet in Indianapolis, Saturday, March 5, 2011. Morningstar won the event with a time of 2:12.59. Darron Cummings, Associated Press
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Michael Phelps swims in the men's 200-meter individual medley at the USA Swimming Grand Prix swim meet in Indianapolis, Saturday, March 5, 2011. Phelps won the event. Darron Cummings, Associated Press
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Chloe Sutton reacts after winning the women's 800-meter freestyle at the USA Swimming Grand Prix swim meet in Indianapolis, Saturday, March 5, 2011. Sutton won the event with a time of 8:20.20. Darron Cummings, Associated Press
By Associated Press

INDIANAPOLIS — Michael Phelps has beaten Ryan Lochte again, this time in the 200-meter individual medley.

The two-time defending Olympic gold medalist in the event finished in 1 minute, 56.88 seconds, the best time in the world this season. Lochte trailed Phelps by eight-tenths of a second at the midway point, but Phelps extended the lead in the breaststroke and pulled away in the freestyle.

Lochte finished in 1:59.19. He's the world record-holder in the event.

Phelps has won all four of his events at the Indianapolis Grand Prix, posted world bests in each.

He also has beaten Lochte in two finals. Lochte beat Phelps in the 200 IM in January in Austin, Texas.

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Both were to compete in other events later Saturday.

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