Event:
76th Academy Awards Oscar Ceremony, Billy Crystal hosts, Lord of the Rings, The Return of the King sweeps all eleven nominations, including Best Picture, Sean Penn and Charlize Theron win lead acting awards
More Notable Events on February 29:
1972 Hank Aaron becomes 1st baseball player to sign for $200,000 a year
1960 John F. Kennedy makes missile gap the presidential campaign issue
1956 President Eisenhower announces he would seek a 2nd term
1940 Hattie McDaniel becomes 1st black woman to win an Oscar
1904 Theodore Roosevelt, appoints 7 man committee to study Panama Canal
