Melissa Leo & Virginia Madsen - Oscars 2012 Red Carpet

Melissa Leo and Virginia Madsen walk the red carpet at the 2012 Oscars held at the Hollywood & Highland Center on Sunday (February 26) in Hollywood.

Melissa, who was last year’s Best Supporting Actress Winner, presented the Best Supporting Actor Award to Christopher Plummer for Beginners.

She paired her gold Reem Acra gown with Jimmy Choo shoes, while Virginia donned a purple asymmetrical one-shoulder gown by Kevan Hall and carried a Judith Leiber clutch.

10+ pictures inside of Virginia Madsen and Melissa Leo at the 2012 Oscars…