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Cameron Diaz - Oscars 2012 Red Carpet

Cameron Diaz - Oscars 2012 Red Carpet

Cameron Diaz arrives on the red carpet at the 2012 Oscars held at the Hollywood & Highland Center on Sunday (February 26) in Hollywood.

The 39-year-old actress, in a Gucci dress, will be featured as a presenter during tonight’s event. She also wore Salvatore Ferragamo shoes and sparkled in Tiffany & Co. jewels, worth almost $1 million!

PHOTOS: Check out the latest pics of Cameron Diaz

Other presenters for the night include Christian Bale, Tom Cruise, Bradley Cooper, and Will Ferrell.

Earlier in the day, Cameron was spotted leaving a medical company while enjoying a cup of coffee.

Billy Crystal hosts the 2012 Oscars live TONIGHT at 8:30 p.m. ET/5:30 p.m. PT on ABC!

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