Carolina Herrera wanted to dress only one star for the 2012 Oscars, held in Hollywood this evening.

Tina Fey was this lucky actress, wearing a custom Carolina Herrera midnight blue strapless gown with a chic peplum detail.

Every time we see Tina hit the red carpet, she keeps getting better and better, and this is no exception.

My favourite part of the entire ensemble is her voluminous up-do. Such a glamorous look is perfect for the fancy occasion.

A black satin Roger Vivier Short Night tube clutch and Bulgari jewels completed her look.

Credit: Getty