David Bowie's comeback album has been shortlisted for the Barclaycard Mercury Prize alongside the Arctic Monkeys, Jake Bugg and Rudimental.
Bowie - who returned to music after a 10-year absence - has been ranked as joint favourite to take the award alongside the Arctic Monkeys who previously won the award in 2006.
The veteran musician withdrew from public life completely in recent years leading to persistent rumours of ill-health which has been consistently denied by his representatives.
At 66, Bowie is the joint oldest nominee ever in the running.
Jazz pianist Stan Tracey was the same age when he was shortlisted in 1993 for his album Portraits Plus.
Mr Bowie marked his return to music by securing a first number one album in more than 20 years in March.
The 12-strong list features seven acts who have previously been nominated for the award since its launch in 1992.
Arctic Monkeys and singer-songwriter Laura Marling each make it on to the list for a third time, while Foals, James Blake and Villagers are among those who make their second nomination appearance.
The list also includes five debutants including the Savages, Laura Mvula, Jake Bugg, Disclosure and Rudimental.
Electronica act Jon Hopkins was previously nominated for the Mercury for his collaboration with King Creosote, called Diamond Mine, but this is his first nomination in his own right.
Last years winner, Alt-J, enjoyed an instant boost in album sales after their victory, and this years nominees can expect to enjoy the same.
Previous winners of the illustrious award include Elbow, Klaxons and PJ Harvey.
The £20,000 prize is open to all British and Irish acts and aims to reward the best album of the year.
The prize will be awarded in a ceremony at the Roundhouse venue in London.
Chairman of the judging panel Simon Firth hailed the "wonderful range of musical voices" on display in this years nominations:
The nominated artists and albums for the Barclaycard Mercury Prize in full are:
- Arctic Monkeys - AM
- David Bowie - The Next Day
- Foals - Holy Fire
- Laura Marling - Once I Was an Eagle
- Disclosure - Settle
- James Blake - Overgrown
- Jake Bugg - Jake Bugg
- Rudimental - Home
- Laura Mvula - Sing To The Moon
- Jon Hopkins - Immunity
- Savages - Silence Yourself
- Villagers - Awayland