Fabio Capello is joined by managers of the other teams in Group G
England and Wales have been drawn in the same qualifying group for Euro 2012 in Poland and Ukraine.
Switzerland, Bulgaria and Montenegro are the other teams in Group G following the draw in Warsaw.
Scotland were drawn with holders Spain and the Czech Republic, Northern Ireland face Italy, while the Republic of Ireland are in Russia's group.
There are 14 places available alongside the co-hosts for the tournament which runs from 8 June to 1 July.
England manager Fabio Capello said his team had been drawn in one of the two toughest groups, despite avoiding tricky second seeds such as Turkey, Sweden and Serbia.
Switzerland, who topped their group to qualify for World Cup 2010, are 18th in Fifa's world rankings, while Bulgaria are 30th and Montenegro 72nd.
England last played Wales back in 2005 in a World Cup qualifier, claiming a 1-0 win in Cardiff.
"All four opponents are really dangerous," Capello said. "Wales will be my first derby as manager of an international team. It will be interesting. They are really young but the value of the players is high.
"I prefer a smaller group because we have less games but the group is very tough.
"Switzerland qualified for the World Cup, they are one of the best teams. I remember when I played against them it was not easy to win away.
"I have big confidence in my team and I am sure we will play a fantastic qualifying tournament for 2012."
Interview: Scotland manager Craig Levein
Wales last qualified for the finals of a major championship at the 1958 World Cup, but they did reach the quarter-finals of the European Championship in 1976 when the tournament was decided on a knockout basis.
"Without doubt, drawing England will please all the Welsh fans - plenty of history there and we like nothing better than another chance against the old enemy," said Wales manager John Toshack.
"I know Fabio Capello quite well, so will look forward to being able to pit our talents against a powerful England team later in the year."
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