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COSTUME PARTY photo | Katie Holmes

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COSTUME PARTY

At the Beverly Wilshire Hotel, an Azzaro-clad Katie Holmes presents the Swarovski President's Award during the Costume Designers Guild Awards on Tuesday. "This is heavy!" she said, before handing the trophy over to husband Tom Cruise's producing partner Paula Wagner.

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Credit: Kevin Winter/Getty

Published: Wednesday Feb 20, 2008 | 12:00 PM EST

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