Live event will take place June 28.

Will Smith and Jada Pinkett Smith have been chosen to host "BET Awards '05." Gladys Knight will be presented with a lifetime achievement award at this year's ceremony.

Other special honorees include Denzel and Pauletta Washington, who will be recognized with the humanitarian award.

Recognizing accomplishments in music, entertainment and sports, BET's annual ceremony will once again be staged live at Hollywood's Kodak Theater on June 28. Actress/comedian Mo'Nique hosted last year's show.