The academy said Friday that the 40-year-old Australian actor, recently named People magazine's "Sexiest Man Alive," will host the Oscars.
Jackman stars in Baz Luhrmann's romantic adventure film "Australia" with Nicole Kidman.
The actor first claimed fame as Wolverine in the "X-Men" movie franchise. His other movie credits include 2006's "The Prestige" and 2004's "Van Helsing."
With new producers, a new set director and even a new music director, the Academy has been hinting at an all new look and feel for this year's Oscars telecast on Feb. 22.
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