>Best Foreign Film
>Pan's Labyrinth
>Letters From Iwo Jima
>Volver

I think the Academy Awards has a different policy than the Golden Globes, so whereas Letters was "relegated" to the foreign category at the Globes, I wouldn't look for it at the Oscars. Something about the fact that it's a US production. No worry though, because it'll probably get a best picture nod.