Washington, Apr 29 : 'Lord of the Rings' fans will get to see Sir Ian McKellen and Andy Serkis reprise their roles as Gandalf and Gollum in the trilogy's prequel 'The Hobbit'.
The news was revealed to Tolkien fansite TheOneRing.net by the man who will be helming 'The Hobbit', director Guillermo del Toro.
He told the site that he "had a charming meeting with Sir Ian", and that the actor was on board.
"All bureaucracy pending, he's on board, as is Andy Serkis," Contactmusic quoted him, as saying.
"We will continue giving you progress reports as they occur. It is our intention that we will not lose any of the key elements."
He added that the movie itself was not 'a bridge film'
"It's an integral part of telling the story of those 50 years of history lost in the narrative," he said.
"There will be certain things that we will see from the first movie but from a different point of view, but it will feel like a volume, in the five volumes of the entire story.
"It will not feel like a bridge, I've been hearing it called 'a bridge film', it's not, it's an integral chapter of the story."
Del Toro was recently revealed as the person who would be helming 'The Hobbit' and it's sequel.
Both pics will be co-produced and co-financed by MGM and New Line Cinema, which is also overseeing development and will manage production.
Warner Bros. is set to distribute domestically and MGM handling international.
The signing, which comes four months after New Line settled a lawsuit with Jackson over "The Lord of the Rings" and the announcement that it had reached an agreement with MGM over the 'Hobbit', means that Del Toro will be moving to New Zealand for the next four years.
Once there, he will work with Jackson and his Wingnut and Weta production teams.