Oscar-winning actors Michael Douglas and Jamie Foxx will join Jennifer Aniston and Paul Rudd as presenters on the 85th Annual Academy Awards telecast, show producers Craig Zadan and Neil Meron announced today.

Aniston's credits include The Switch, Marley & Me, The Break-Up, Along Came Polly, Bruce Almighty, The Good Girl and Office Space. She most recently co-starred with Rudd in Wanderlust.

Douglas has won Oscars for his performance as Gordon Gekko in Wall Street and as producer of the 1975 Best Picture winner One Flew Over the Cuckoo's Nest.

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Foxx, who garnered a Supporting Actor nomination for Collateral, took home an Oscar for his title role in Ray.

Rudd's credits include This Is 40, I Love You, Man, Role Models, Knocked Up and The 40-Year-Old Virgin. In March, he will be seen in Admission.

Aniston, Douglas, Foxx and Rudd join the list of previously announced Oscar presenters including Salma Hayek Pinnault, Melissa McCarthy, Liam Neeson and John Travolta, Ben Affleck, Jessica Chastain, Jennifer Lawrence, Halle Berry, Sandra Bullock, Nicole Kidman and Reese Witherspoon, Mark Wahlberg, Ted, and Marvel's The Avengers cast members Robert Downey Jr., Samuel L. Jackson, Chris Evans, Jeremy Renner and Mark Ruffalo; returning 2011 Oscar winners Jean Dujardin, Christopher Plummer, Octavia Spencer and Meryl Streep; Chicago cast members Richard Gere, Queen Latifah, Renée Zellweger and Catherine Zeta-Jones; special guests Charlize Theron, Channing Tatum, Joseph Gordon-Levitt and Daniel Radcliffe; and performers Adele, Shirley Bassey, Norah Jones and Barbra Streisand.

Academy Awards for outstanding film achievements of 2012 will be presented on Oscar Sunday, February 24 at the Dolby Theatre at Hollywood & Highland Center, and will be hosted by Seth MacFarlane live on the ABC Television Network. The Oscar presentation also will be televised live in more than 225 countries worldwide.