Frodo Baggins, nephew to Bilbo - famously known among the Dwarves - inherits a ring of power - THE ONE RING

The wizard Gandalf, instructs Frodo to take the ring out of the Shire, and to wait for him at the village of Bree.

When Gandalf does not show, Frodo and his comanions get worried, especially when they encounter Strider, a ranger, who informs them of the Ringwraiths:

With Strider as their leader, the hobbits make their way towards Rivendell, though on the way, Frodo is badly wounded by a Ringwraith.

As Strider tries to find the Athelas plant to slow the poison, he is confronted by the blade of a sword.

It turns out to be the elf maiden Arwen, who hurries to Frodo, and in her Elvish tongue, tells him to come back to the light:

Debating who to ride with Frodo to Rivendell, Strider finally agrees that Arwen is the swifter rider.

As Arwen rides to the Ford, and the safety of her home of Rivendell, she and Frodo are tracked by the Ringwraiths. Unable to outride them, she crosses the river Bruinen, where she confronts the Wraiths

As the Ringwraiths start to approach both Frodo, and herself, Arwen calls for help from the waves.

The Ringwraiths are washed away, but Frodo appears to be fading. Arwen asks for help once more.

When Frodo wakes up, he is in the House of Elrond in Rivendell, and is accompanied by Gandalf.

As Frodo reunites with his friends, and Uncle Bilbo, Gandalf informs Lord Elrond of Saruman's treachery and betrayal.

Elrond calls a council, to which a select few of each race on Middle-Earth are invited.

When Frodo delivers the Ring, a debate occurs about what to do with it.

Frodo also learns that Strider is really Aragorn, son of Arathorn, and heir to the throne of Gondor.

After a series of arguments and disagreements, a fellowship of nine is formed, to take the Ring to Mordor, and destroy it in the fires of Mount Doom where it was made.

The Fellowship set out on the journey to Mordor

With Saruman hot on their heels, the fellowship is forced to retreat from both the pass of Caradhras and the gap of Rohan, and decide to go through the mines of Moria.

In the mines, Frodo becomes aware of a shadow that has been tracking the fellowship. Gandlaf informs him that it is Gollum, the same creature who encounted Bilbo on his adventure, and who the Ring passed to after it abondoned Gollum.

On the last day through the mines, the fellowship encounter a Balrog of Morgoth - a creature of shadow and flame.

While crossing the bridge of Khazard-Dum, and after a successful attept at defeating the Balrog, Gandalf is forced down with it, into darkness, much to the dismay of Frodo and his companions.

With Gandalf presumed dead, the Fellowship emerge from the mines in grief and sorrow.

Aragorn takes up the charge of leadership, and guides the remaining 8 members to the woods of Lothlorien.

They encounter Haldir of Lothlorien, who (after much debate) allows the remaining fellowship to pass into the safety of Caras Galadhon.

There, the company meet the Lord and Lady of Lorien; Celeborn and Galadriel.

The Lady Galadriel looks into the eyes of each member, and learns of Gandalf's sudden departure, and the status of the quest.

As the company take rest, a lament is formed for Gandalf, by both the elves, and Samwise.

Boromir tells Aragorn about Galadriel, and how he heard her voice in his head.

Late on, Frodo wakes, and follows Galadriel into the glade

As Frodo looks into the mirror, he sees a series of images, past, present and future, including the Eye of Sauron.

Galadriel explains that if Frodo fails in his task, the images he saw of his friends and the burning of his home will 'come to pass'.

Frodo asks Galadriel to take the ring. As she explains how much she has desired for ths moment, she manages to resist the ring.

Frodo tells Galadriel he cannot do this alone. She responds by showing him the ring Nenya, and explaining she is its keeper.