Rear view of Gandalf in his cart crossing the stone bridge to Hobbiton. Although PJ has said that the film would be treated in post-production to create a more misty, ethereal look for Middle-earth, in this scene the light still looks brilliant and hard-edged and summery.

The cart passes some hobbit-holes including Bag End. Soundtrack of vaguely prophetic and scary noises. Fine Voiceover work - sounds like Sir Ian McKellen.

Frodo reading a book under a tree in the Shire somewhere. You get a sense of how peaceful life is in the Shire, and how Frodo is not an action hero at this point.

Close up of the back of saurons head as he looks on at the armies of the last alliance.

Another close up with better detail.

A close up of Saurons hand. Ring on his finger. Appears to be wearing war gauntlets and holding what appears to be a staff or some other weapon.

Same

The orc army on the march across Mordor. You can make out the Red Eye clearly on their banner. A lot of the background figures are reportedly computer-generated.

The Ring, on the riverbed.

Closer shot of the Ring on the riverbed.

First clear shot of the Black Riders going at full speed. Note that the trailer links together words and images that outline the story but don't necessarily belong together in the story. This looks like a cut of the Flight to the Ford.

The Nine chase Arwen to the Ford of Bruinen. She's carrying Frodo and it seems she's got Glorfindel's horse Asfaloth. Tremedous sense of speed in the way the shot is taken.

The Black Rider passes the camera.

Closeup of Frodo holding the Ring. The fire-writing is clearly visible. "It has found its way into the hands of the most unlikely person imaginable."

The Ring closeup again

Frodo's face with the fiery letters reflecting off his face. He looks appalled.

New Line logo backed by a harsh horncall and the beginning of some more insistent music which almost immediately fades.

Closeup of Gandalf.

Frodo regards the Ring with dread.

Shot of the Shire in flames - looks like the Green Dragon Inn is alight and small figures (hobbits) are being driven on by larger figures with whips. Frodo's imagining what will happen if Sauron seizes the Ring and comes to dominate Middle-earth.