Adams, 36, received her third Oscar nomination this year for her supporting role in "The Fighter." She previously received nominations for supporting performances in "Junebug" and "Doubt."
Mila Kunis, 27, appears in the current Best Picture nominated film, "Black Swan" and will star in the upcoming "Friends with Benefits," which is set for release on July 22, 2011.
Others set to present at the 2011 Academy Awards ceremony, set to air live on ABC on February 27 at 8 p.m. ET, are current nominees Nicole Kidman, who as also an Oscar recipient, and Annette Bening, former winners Hilary Swank, Reese Witherspoon, Halle Berry, Jeff Bridges, Sandra Bullock, Tom Hanks, Javier Bardem, Helen Mirren and Marisa Tomei, former nominees Robert Downey Jr., Cate Blanchett, Jude Law and Oprah Winfrey, former Academy Awards host Hugh Jackman, Scarlett Johansson, Matthew McConaughey, Russell Brand and former nominee Josh Brolin.
Among the confirmed scheduled performers are Gwyneth Paltrow, who will sing "Country Strong" by her latest film by the same name, Zachary Levi and Mandy Moore, who will perform "I See the Light" from the animated film "Tangled," accompanied by Alan Menken, Randy Newman, who will sing his song "We Belong Together" from the animated movie "Toy Story 3" and A.R. Rahman and Florence Welch of Florence + the Machine, who will will perform "If I Rise" from the film "127 Hours."
This year's Oscar ceremony is set to air live on ABC from the Kodak Theatre in Los Angeles on Feb. 27, 2011. Check out a full list of Oscar nominations.
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When the last awards have been given out, watch continuing coverage of the Governor's Ball and all the Oscar night parties as "On The Red Carpet at the Oscars" broadcasts LIVE on many west coast stations (check your local TV listings). We're also streaming the show online and on our iPad app.