Legendary singer Barbra Streisand will take to the stage at the 2013 Oscars and perform for the first time since the ’70s, Academy Award organizers announced today.

Streisand’s last Oscar performance was with the song “A Star Is Born” on the 1977 show. She won the Best Original Song Oscar for “Evergreen” that same night.

“In an evening that celebrates the artistry of movies and music,” said producers Craig Zadan and Neil Meron, “how could the telecast be complete without Barbra Streisand? We are honored that she has agreed to do a very special performance on this year’s Oscars, her first time singing on the show in 36 years.”

Streisand has won two Oscars over her career: her first was for Best Actress in Funny Girl in 1968, and her second for “Evergreen” as mentioned above.

She was nominated in 1973 for her lead role in The Way We Were, for producing the Best Picture nominee The Prince of Tides in 1991, and for co-writing the song “I Finally Found Someone” for The Mirror Has Two Faces in 1996.

Seth MacFarlane will host the Oscars on Sunday, February 24 from Hollywood. The event will air on ABC.

Will you be excited to tune in for Streisand’s performance? She starred in The Guilt Trip with Seth Rogen late last year.