The legendary actress landed her first Academy Award nod for her role in The Deer Hunter in 1978, and picked up a golden statuette the year after for Kramer vs. Kramer.
Streep won her second Oscar for 1982's Sophie's Choice and she has gone on to become the most nominated actress in history.
She was last nominated in 2010 for her role in Julie & Julia, and she is hotly tipped to walk away with her third Oscar at the 2012 Academy Awards for her role as former U.K. prime minister Margaret Thatcher in The Iron Lady
The actress she insists she still gets excited about the prospect of winning an Academy Award.
Streep tells the BBC, "Sadly it still matters. It's so exciting, it really is. I remember the first time I went and (Laurence) Olivier was here and I was next to Gregory Peck and Bette Davis was behind me.
"I mean, I've been going to that thing for many years but it's still the one."