Presenters and winners on Oscars night will each receive a goodie bag with items worth an estimated $30,000, according to reports.
This year's goodie bags will include a phone video station, a 4-night stay at the Badrutt's Palace Hotel in St Moritz, a $4,000 sports club membership and lots of top brand beauty products.
Ireland's Colin Farrell has been confirmed as one of the presenters for this year's event, which will be hosted by Steve Martin.
Broadway adaptation 'Chicago' is leading the race for the 2003 Oscars, which will take place on 23 March.
