The evening begins with a performance of "Oscar" by Liza Minnelli, which is followed by some welcoming remarks from Burt Reynolds, and appearances by Timothy Bottoms, Victoria Principal and Pam Grier. Billy Dee Williams and Linda Blair then present the Oscars for Best Animated Short to Frank Mouris for Frank Film and for Best Live Action Short to Allan Miller and William Fertik for The Bolero.
Raquel Welch and James Caan present the Oscars for Best Documentary Short to Julian Krainin and DeWitt L. Sage, Jr. for Princeton: A Search for Answers and Best Documentary Feature to Kieth Merrill for The Great American Cowboy.
Gene Kelly presents an Honorary Oscar to French film archivist and cinephile Henri Langlois for "his devotion to the art of film, his massive contributions in preserving its past and his unswerving faith in its future".
Candice Bergen and Marcel Marceau present the Oscar for Best Sound to Robert Knudson and Chris Newman for The Exorcist.
Paula Prentiss and Richard Benjamin present the Oscar for Best Film Editing to William Reynolds for The Sting.
Diana Ross introduces Alfred Hitchcock, who presents the Jean Hersholt Humanitarian Award to talent agent and studio executive Lew Wasserman.
Paul Winfield and Sylvia Sidney present the Oscar for Best Art Direction to Henry Bumstead and James Payne for The Sting.
Peter Falk and Twiggy present the Oscar for Best Costume Design to Edith Head for The Sting.
Cicely Tyson and Peter Lawford present the Oscar for Best Cinematography to Sven Nykvist for Ingmar Bergman's Cries and Whispers.
Yul Brynner presents the Oscar for Best Foreign Language Film to France for Day for Night, which is accepted by director François Truffaut.
John Huston gives a speech before Donald O'Connor and Debbie Reynolds present the Oscar for Best Original Song Score and Adaptation to Marvin Hamlisch for The Sting. Henry Mancini and Cher then present the Oscar for Best Original Dramatic Score to Hamlisch for The Way We Were.
Neil Simon and Marsha Mason present the Oscar for Best Original Screenplay to David S. Ward for The Sting.
Angie Dickinson and Jason Miller present the Oscar for Best Adapted Screenplay to William Peter Blatty for The Exorcist.
Ann-Margret and Burt Bacharach present the Oscar for Best Original Song to Marvin Hamlisch, Alan Bergman and Marilyn Bergman for "The Way We Were" (unfortunately, none of the nominated song performances are online).
Ernest Borgnine and Cybill Shepherd present the Oscar for Best Supporting Actor to John Houseman for his performance in The Paper Chase.
David Niven introduces Charles Bronson and Jill Ireland, who present the Oscar for Best Supporting Actress to 10-year-old Tatum O'Neal for her performance in Paper Moon (she is still the youngest Oscar winner).
Walter Matthau and Shirley MacLaine present the Oscar for Best Directing to George Roy Hill for The Sting.
Katharine Hepburn receives a standing ovation for her first and only Academy Award appearance as she presents the Irving G. Thalberg Memorial Award to her friend, film producer Lawrence Weingarten (Adam's Rib, Pat and Mike).
Jack Lemmon presents an Honorary Oscar to Groucho Marx "in recognition of his brilliant creativity and for the unequaled achievements of the Marx Brothers in the art of motion picture comedy."
Susan Hayward (in her last public appearance) and Charlton Heston present the Oscar for Best Actress to Glenda Jackson for her performance in A Touch of Class (producer Melvin Frank accepts the award on her behalf).
Liza Minnelli and Gregory Peck present the Oscar for Best Actor to Jack Lemmon for his performance in Save the Tiger.
Robert Opel, a 34-year-old photographer and gay rights activist, streaks across the stage as David Niven is introducing Elizabeth Taylor, who then presents the Oscar for Best Picture to producers Tony Bill, Michael Phillips and Julia Phillips for The Sting.