By Stephen M. Silverman
Updated February 12, 2002 11:14 AM

The speculation is over: The 74th annual Academy Awards nominations — the Olympics of Hollywood — have been announced. Leading the pack is “The Lord of the Rings: The Fellowship of the Ring,” with 13 nominations, including Best Picture and Best Supporting Actor (for Ian McKellen). Academy of Motion Pictures Arts and Sciences president Frank Pierson and last year’s Best Supporting Actress, Marcia Gay Harden (“Pollock”), delivered the eagerly awaited news early Tuesday morning. The big March 24 show will be broadcast live on ABC from the Academy’s new venue, the recently completed Kodak Theatre on Hollywood Blvd., only a block away from the Roosevelt Hotel, where the very first Oscar banquet was held in 1929. (Hollywood last played host to an Oscar cast in 1960.) The 1998 Academy Awards host, Whoopi Goldberg, is returning to do the podium chores. Previous Oscar winners Robert Redford (for directing 1980’s “Ordinary People”), 64, and Sidney Poitier (Best Actor in 1963’s “Lilies of the Field”), 74, are due to receive honorary Academy Awards for career achievement. Director Arthur Hiller (1970’s “Love Story”), 78, will receive the Jean Hersholt Humanitarian Award for his charity and educational efforts in Amnesty International, reading programs and other causes. And, without further ado, the top nominees are:

Best Picture:
“A Beautiful Mind”
“Gosford Park”
“In the Bedroom”
“The Lord of the Rings”
“Moulin Rouge”

Best Actor:
Russell Crowe, “A Beautiful Mind”
Sean Penn, “I Am Sam”
Will Smith, “Ali”
Denzel Washington, “Training Day”
Tom Wilkinson, “In the Bedroom”

Best Actress:
Halle Berry, “Monster’s Ball”
Judi Dench, “Iris”
Nicole Kidman, “Moulin Rouge”
Sissy Spacek, “In the Bedroom”
Renee Zellweger, “Bridget Jones’s Diary”

Best Supporting Actor:
Jim Broadbent, “Iris”
Ethan Hawke, “Training Day”
Ben Kingsley, “Sexy Beast”
Ian McKellen, “The Lord of the Rings”
Jon Voight, “Ali”

Best Supporting Actress:
Jennifer Connelly, “A Beautiful Mind”
Helen Mirren, “Gosford Park”
Maggie Smith, “Gosford Park”
Marisa Tomei, “In the Bedroom”
Kate Winslet, “Iris”

Best Director:
Robert Altman, “Gosford Park”
Ron Howard, “A Beautiful Mind”
Peter Jackson, “The Lord of the Rings”
David Lynch, “Mulholland Drive”
Ridley Scott, “Black Hawk Down”

Best Animated Film (new category):
“Jimmy Neutron”
“Monsters, Inc.”