Here's a reminder of some of the nominees.
Actor In A Leading Role
Tinker Tailor Solider Spy
A Better Life
Actress In A Leading Role
The Iron Lady
The Girl with the Dragon Tattoo
My Week With Marilyn
We've secretly got our fingers crossed that this will be George Clooney's year to take home the prestigious statuette. This is Clooney's third oscar nomination fro Best Actor, but although he's still at the top of his game both behind and in front of the camera, he's never taken the award home.
You can see the full list of awards nominations over at the Oscars website. It's certainly shaped up to be an excellent 12 months for cinema, which will be celebrated this weekend. However this one goes, congratulations to all the nominees.