Both Potter and LOTR will battle it out for the Orange Film of the Year, which is the Bafta chosen by a public vote.
But Harry Potter has not score too well in the rest of the shortlist.
The Chamber of Secrets is only up for three technical awards, even though it was a massive hit at the box office.
Another of your fave films, Bend it Like Beckham, is up for best British film.
The awards are announced on 23 February - so watch this space!