Right from the E! Online Website:
Who’s Hot Australian actor Hugo Weaving made a visit to LOTR’s Wellington studios last week. Weaving–probably best known for his role as a drag queen in The Adventures of Priscilla, Queen of the Desert–will join the project as elf leader Elrond, who leads the council at Rivendell, where the Fellowship first gathers.
And Australian actress Miranda Otto (The Thin Red Line) has been cast as É Eowyn, a beautiful maiden who falls in love with Aragorn.
More info as it comes in!
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