Banderas and Carlos Santana will perform the Oscar-nominated song "Al Otro Lado Del Rio" — from "The Motorcycle Diaries" — on the Feb. 27 broadcast. Banderas joins the previously announced Beyonce, who will sing "Learn to Be Lonely," the one new song penned for the film of Andrew Lloyd Webber's "The Phantom of the Opera." It will be a busy evening for pop star Beyonce; she will also join Josh Groban for a duet of "The Polar Express" tune "Believe" and will be backed by the American Boyschoir as she sings "Look to Your Path" from "Les Choristes." Another nominee in the Best Song Category — "Accidentally in Love" from "Shrek 2" — will be performed by Counting Crows.

The nominees for Best Song follow:
"Accidentally in Love" - "Shrek 2"
"Al Otro Lado Del Río" - "The Motorcycle Diaries"
"Believe" - "The Polar Express"
"Learn To Be Lonely" - "The Phantom of the Opera"
"Look to Your Path (Vois Sur Ton Chemin)" - "The Chorus"

Antonio Banderas, best known for his work in such films as “Evita,” “The Mask of Zorro,” “Philadelphia” and “Mambo Kings,” made his Broadway debut in the revival of Maury Yeston's Nine, earning a Tony nomination for his work as fictional film director Guido Contini. A member of Spain’s prestigious National Theater of Spain acting company from 1981-1986, the actor studied at the School of Dramatic Art in Malaga.

Comedian Chris Rock will host the annual Oscar ceremony, which will be broadcast Sunday, Feb. 27 at 8 PM ET on ABC-TV.