The 74th Saint Silvester Marathon, or Race (in Portuguese: 74ª Corrida de São Silvestre), was held in São Paulo, Brazil, on December 31, 1998. The distance ran by the participating athletes was 15 km.
The men's race was won by Kenya's Paul Tergat, his third victory, whereas the women's event was won by Serbia and Montenegro's Olivera Jevtic, her first triumph.
The podiums were composed of the first seven men and the first five women.
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