The film is set sixty years before The Lord of the Rings and follows the journey of Bilbo Baggins (Martin Freeman) who finds himself caught up in an epic quest to reclaim the lost Dwarf Kingdom from the fearsome dragon Smaug.
The Hobbit also stars Ian McKellen as Gandalf the Grey Cate Blanchett as Galadriel; Orlando Bloom as Legolas; Ian Holm as the elder Bilbo; Christopher Lee as Saruman; Hugo Weaving as Elrond; Elijah Wood as Frodo; and Andy Serkis as Gollum.
The next instalment, The Hobbit: The Desolation of Smaug will be released at cinemas on December 13th with the final chapter, The Hobbit: There and Back Again arriving in cinemas on July 18 2014.