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And The Oscars Go To -- Jackman

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Dec. 12 2008, Published 4:31 a.m. ET

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(Photo: Splash News Online) According to reports, Hugh Jackman has signed on to host the 81st Academy Awards on February 22nd.

The 40-year old "sexiest man alive," and star of the upcoming Wolverine has reportedly agreed to terms to emcee the marquee event.

While a handful of dramatic actors have hosted in the past, the Oscars are traditionally helmed by comedians like Bob Hope and Jon Stewart.

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"Someone of Hugh's caliber would put the 'class' back in the Academy," a Hollywood insider agrees.

Jackman presented the Best Live Action Short Oscar at the 2002 Academy Awards, but wasn't too sure how natural he felt.

"Getting up there in a suit and talking for a little bit is kind of bizarre," he said.

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