On April 23 Don Felipe and Doña Letizia presided over the ceremony of the 2011 “Miguel de Cervantes” Literary Prize in Alcalá de Henares, Madrid.

New Felipe Varela wool crepe black and white dress

Magrit patent leather shoes: Worn before 1

Old Yves Saint Laurent ‘Mala Mala’ bag (Princess Letizia has owned this bag since before her wedding to Don Felipe)

 White gold, diamonds and Australian pearls earrings : Worn before 1, 2

Bulgari diamond ring: Worn before 1

Photos: IPApress, Mujer de Élite, Magrit, Yves Saint Laurent, Bulgari, Hola