Ian McKellen teases with Hobbit casting news

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Dec 14, 2012, 3:54 PM EST

Ian McKellen put in an appearance at London's BFI IMAX cinema Saturday night for a special marathon screening of the extended editions of all three Lord of the Rings films, and surprised the audience by unexpectedly revealing Hobbit news during his introductory remarks, /film reported.

Not only did he confirm that he'll be coming back as Gandalf, and is expecting to start work on set in March of next year, he also dropped a bit of a casting bombshell. According to McKellen, the starring role of Bilbo Baggins has been successfully cast already. Not only that, but he knows who has the role and he's sure that the fans will be very, very pleased.

McKellen also revealed that he is expecting his own personal copy of the script within the next two weeks.