The caption reads:
HOLLYWOOD, Mar. 21 - GRACE PRESENTS OSCAR TO BORGNINE - Grace Kelly, on the eve of her departure for Monaco to be married to Prince Rainier III, hands Ernest Borgnine the Oscar he won tonight as best actor of the year in the annual Motion Picture Academy presentations. Miss Kelly won the best actress award a year ago and remained in Hollywood to hand Borgnine his trophy.
Two Hollywood icons share a laugh as the late Ernest Borgnine appears with presenter Grace Kelly and his Best Actor Oscar (for “Marty”) backstage at the 28th Academy Awards.
(Image via Margaret Herrick Library)