As the night was winding down, there was one more surprise in store – even for the audience – Michelle Obama!

Dressed in a gorgeous silver Naeem Khan gown, the First Lady presented the final award of the night, Best Picture (won by Argo). The metallic dress - a definite trend of the evening - was stunning and perfect for the big night. The First Lady was wearing gorgeous earrings and of course, her bangs looked flawless!

Click HERE to see our best and worst dressed from the evening!

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The Academy Awards' Most Memorable Red Carpet Fashion
The Best and Worst Dress of the 2013 Golden Globes
Style Hits and Misses at the SAG Awards
Glitz at the Grammys: Best and Worst Fashion of All Time

Photo Credit: White House Photographer Peter Souza