Project Runway host Heidi Klum made a dramatic entrance at the Kodak Theatre in a custom-made John Galliano gown.
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img267.imageshack.us/img267/7697/23581367er4.jpg)
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img120.imageshack.us/img120/8408/73147348xc2.jpg)
W magazine fashion market editor Treena Lombardo: "Heidi Klum was the most beautiful I've ever seen her."
Anne Hathaway wore a Marchesa dress that she described as "diaphanous" while Katherine Heigl, the star of Grey's Anatomy and Knocked Up, turned heads in an Escada one-shouldered gown.
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img267.imageshack.us/img267/9931/53083625je1.jpg)
Helen Mirren wore a head-turning Georges Chakra duchess satin gown complete with Swarovski crystal drop sleeves and back. She also accessorised with a Union Jack flag, which she waved during interviews.
Hannah Montana star Miley Cyrus, 15, stepped out in a red Valentino dress and revealed her hopes for a movie career, saying: "I really want to have the respect of being a true artist not only in music, but in films."
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img267.imageshack.us/img267/4384/14265940oe6.jpg)
Meanwhile, Julie Christie, who lost Best Actress to French star Marion Cotillard, also failed to win over style critics in her ruched scarlett frock, accessorised with pink gloves and peep-toe heels.
Elsewhere, Juno star Jennifer Garner wore a black strapless dress with a tail, offset by a large diamond necklace and bracelet.
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img120.imageshack.us/img120/2218/31732862xk7.jpg)
Cameron Diaz wore a light pink simple off-the-shoulder Christian Dior floor-length dress with Bulgari jewellery.
Her neck was bare but on her ears were diamonds earings, and on her finger was a rare diamond ring valued at over £1.2 million from jewellery Bulgari.
Toying with the ring, Cameron said: "I like to sparkle when I'm a presenter at the Oscars."
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img185.imageshack.us/img185/4708/71140399yj6.jpg)
Penelope Cruz sashayed down the red carpet in a Chanel Haute Couture navy fishtail gown designed by Karl Lagerfeld.
Oscar vetran Hilary Swank wore an Atelier Versace, while Renee Zellweger donned a sparkling Carolina Herrera.
Jennifer Hudson, who wone Best Supporting Actress last year, opted for full length and fabulous in Roberto Cavalli.
![Oscar Fever - Ladies in red Dame Helen Mirren, Heidi Klum and Katherine Heigl dazzle](http://img267.imageshack.us/img267/7972/62284243fb1.jpg)
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