In this paper we give a classification of the rank two p-local finite groupsfor odd p. This study requires the analisis of the possible saturated fusionsystems in terms of the outer automorphism group ant the proper F-radicalsubgroups. Also, for each case in the classification, either we give a finitegroup with the corresponding fusion system or we check that it corresponds toan exotic p-local finite group, getting some new examples of these for p = 3.
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