Sir Paul McCartney is to be honored with a one-off ultimate legend award at the 15th MTV Europe Music Awards, which is held Nov. 6 in Liverpool. The former Beatle is due to attend the show.

Speaking at a press conference held earlier today in the city's St George's Hall, MTV Networks International Chairman Bill Roedy said the unique award had been created in tribute to "one of the true greats."

"Not only has he has been one of the most formative influences on the music scene on a global scale but he is one of the founding fathers that has earned Liverpool the recent accolade as most musical city in the U.K," he said. "We are honored that Sir Paul has agreed to accept this award which is a fitting tribute to a man who has touched millions of lives with his music."

Roedy also paid tribute to the city of Liverpool, which will be hosting the event for the first time.

"Liverpool artists have had a wonderful influence in the world so far, from The Beatles to Atomic Kitten to Elvis Costello and everything in between," said Roedy. "It's got a great music legacy. But it's also a very international city and there's this amazing diversity of people and languages."

Speaking at the same press conference, awards host Katy Perry expressed her delight at the election of Barack Obama before revealing that she is "feeling the pressure" of her first major presenting job.

"I guess I'm a little nervous... I'll probably puke before the show. But I'm excited," said the singer who scored an international hit with "I Kissed A Girl" (Virgin).

An estimated international audience of 30 million is expected to watch the MTV Europe Music Awards, which begins at 9pm (GMT). Beyonce, Pink, Duffy, Take That, The Killers, Kanye West, The Ting Tings and host Katy Perry are among the acts scheduled to perform.