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Anne Hathaway is certainly the hostess with the mostess! The Academy Awards co-host rocked the red carpet at the Kodak Theater in a strapless red Valentino gown. Love the simple 'do!

The 28-year-old stunner, who will be changing throughout the ceremony into a handful of dresses, certainly knows how to make an entrance.

This red hot starlet is going to have no problem sexing up her role as Catwoman in Chistopher Nolan's upcoming Batman flick. Muy caliente!