"Between the two of them, Jack Nicholson and Dustin Hoffman have created more iconic characters than any other pair of actors in the world," show producers Craig Zadan and Neil Meron said in a statement.
Nicholson has been nominated for an Oscar 12 times and has won twice for leading performances in "One Flew over the Cuckoo's Nest" and "As Good as It Gets." He also won an Oscar for best supporting actor for "Terms of Endearment."
Hoffman has been nominated for an Oscar seven times, winning twice for best actor for "Kramer vs. Kramer" and "Rain Man."
Nicholson and Hoffman join the list of previously announced Oscar presenters that includes Jennifer Aniston, Paul Rudd, Jamie Foxx, Michael Douglas, John Travolta, Ben Affleck, Jessica Chastain, Jennifer Lawrence, Halle Berry, Sandra Bullock, Nicole Kidman, Reese Witherspoon and Mark Wahlberg.
With Oscar Sunday just days away, play the My Picks game to choose who you think will win in each award category.
Have a smart phone or tablet? Download the free official Oscars app to get news and updates about the show. It's available for Apple, Android and Kindle devices.
The Oscars will air live on ABC7 on Feb. 24.
Oscar Sunday lineup:
- 1:30 p.m.: On The Red Carpet at The Oscars
- 4 p.m.: The Oscars Red Carpet Live
- 5:30 p.m.: The Oscars
- 8:30 p.m.: On The Red Carpet at The Oscars
- 10 p.m.: Jimmy Kimmel Live
- 11 p.m.: Eyewitness News