From PEOPLE Magazine Click to enlarge
CAMERON DIAZ in Oscar de la Renta

In a champagne tulle gown with gold paillette embroidery and diamonds by Cartier, the presenter pulled off a look that her hairstylist Loni Vigi calls "romantic, soft and sexy-all rolled into one!"

QUEEN LATIFAH in Badgley Mischka Couture

She chose a rose-colored gown and pink sapphires by Chopard because "it's the color of springtime, so I thought, 'Why not?'"

Penelope Cruz in Donna Karan Couture

The Best Supporting Actress nominee for Nine hit the red carpet in layers of scarlet and 85 carats of Chopard diamonds before meeting beau Javier Bardem inside.

DEMI MOORE in Atelier Versace

This ruffled amber confection (which she paired with Van Cleef & Arpels jewels) was an easy choice, says Moore: "I just [had] a good feeling with this one."

RACHEL MCADAMS in Elie Saab

"You can't wear this dress anywhere else. It's an Oscar dress!" says the presenter, who also flaunted Lorraine Schwartz diamonds.

  • Contributors:
  • CONTRIBUTORS Antoinette Y. Coulton,
  • Jackie Fields,
  • Tom Gliatto,
  • Liza Hamm,
  • Samantha McIntyre,
  • Michelle Tan,
  • Michelle Tauber,
  • Alex Tresniowski,
  • Charlotte Triggs,
  • Suzanne Zuckerman,
  • with Shayna Rose Arnold,
  • Joyce Chen,
  • Alexis Chiu,
  • Jennifer Garcia,
  • Mary Gre.