Amanda Seyfried Dazzles in Valentino at the Vanity Fair Oscar Party

Amanda+Seyfried in 2011 Vanity Fair Oscar Party Hosted By Graydon Carter - Arrivals
Actress Amanda Seyfried arrives at the Vanity Fair Oscar party hosted by Graydon Carter held at Sunset Tower on February 27, 2011 in West Hollywood, California. (Getty Images)more pics » Amanda Seyfried Oscar Party Dress
All eyes were on Amanda Seyfried at the coveted Vanity Fair Oscar party. Fashion fans waited with bated breath for a glimpse of Seyfried's red carpet dress: The actress wore a long-sleeved ivory mini dress from the Pre-Fall Valentino collection. The low-cut ruffled dress revealed a glimpse of Seyfried's lacy black bra. Slightly tousled locks, cat eyes and rosy lips completed the sultry look.

Since winning acclaim for her starring role in Mamma Mia, Amanda has quickly become one of Hollywood's darlings. She'll be seen next in the dark retelling of Little Red Riding Hood. The gothic fairytale hits theaters mid-March.

The 83rd Annual Academy Awards were held February 27, 2011 at the Kodak Theatre in Hollywood. James Franco and Anne Hathaway hosted the festivities, which honored the best films of 2010. Hathaway, who employed her stylist gal pal Rachel Zoe to dress her for the event, looked fabulous as always. And as well she should: Zoe's fee was reportedly astronomical!

Click the image to see more Oscar fashion and beauty:

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