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    Oscar Nominations: The Stars React!

    Following the news of the nominations for the 85th Annual Academy Awards - which will be handed out on February 24 on ABC -- the stars spoke out about their big Oscar news!

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    PLAY IT NOW: Jessica Chastain Honored At The National Board Of Review Awards

    "It is such an honor to receive this recognition from the Academy. Working with Paul Thomas Anderson was a unique and wonderful opportunity that I am so grateful for. I'd also like to send congratulations to the other nominees and to my co-stars Philip and Joaquin." -- Amy Adams, nominated for Best Supporting Actress for "The Master"

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    VIEW THE PHOTOS: Oscars 2012: The Red Carpet

    "I am deeply honored and frankly a little overwhelmed by all of the nominations that 'Life of Pi' has received this morning. So many talented people gave everything they had to this film, both in front of and behind the camera, and to see all of them receive this kind of recognition is something I am incredibly grateful for." -- Ang Lee, nominated for Best Director for "Life of Pi"

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    "I am of course very excited about the nomination this morning. Ben Affleck is an amazing director, and I am so happy that 'Argo' was recognized in seven categories!" -- Alan Arkin, nominated for Best Supporting Actor for "Argo"

    VIEW THE PHOTOS: Oscars 2012: 10 Best Dressed Red Carpet Stars

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