Actress Lea Thompson arrives at the 84th Annual Academy Awards held at the Hollywood & Highland Center on February 26, 2012 in Hollywood, California. (Getty Images)more pics » 
Lea Thompson (Getty Images) Actress
Lea Thompson hit the red carpet for the 84th Annual Academy Awards in a dazzling silver sequined gown with a dove gray wrap.
Thompson kept her trademark red locks loose and wavy and wore a pair of dangling diamond earrings. The actress is currently appearing in the movie
Thin Ice alongside
Greg Kinnear. The independent film, which tells the story of a down-on-his-luck insurance salesman, was shot in Thompson's home state of Minnesota.
The 84th Annual Academy Awards aren't all about fashion and footwear, though. This year, stars like
George Clooney,
Viola Davis,
Brad Pitt,
Michelle Wiliams, and Meryl Streep are all nominated and are eagerly waiting to hear those five magic words: "And the winner goes to…" Our big money's on the folks behind
The Artist. You can catch all of Oscar action on ABC at 7E/4P.
See more Lea Thompson photos:
Actress Lea Thompson arrives at the 84th Annual Academy Awards held at the Hollywood & Highland Center on February 26, 2012 in Hollywood, California. (Getty Images)more pics » 
Lea Thompson (Getty Images) Actress Lea Thompson hit the red carpet for the 84th Annual Academy Awards in a dazzling silver sequined gown with a dove gray wrap.
