Elizabeth Olsen & Shailene Woodley - Spirit Awards 2012

Elizabeth Olsen and Shailene Woodley hit the purple carpet at the 2012 Film Independent Spirit Awards on Saturday (February 25) in Santa Monica, Calif.

Lizzie, 23, wore an Antonio Berardi dress, Cesare Paciotti shoes, Edie Parker clutch, Joan Hornig earrings, and Melinda Maria and Renee Sheppard rings.

PHOTOS: Check out the latest pics of Elizabeth Olsen

Both Lizzie and Shai are nominated tonight for their work in Martha Marcy May Marlene and The Descendents, respectively!

Also pictured inside: Anna Kendrick, rocking an Alexander McQueen dress and Brian Atwood heels.

Be sure to tune in to the Film Independent Spirit Awards tonight on IFC at 10pm EST, hosted by Seth Rogen.