The Slumdog Millionaire director will receive the British Film Institute (BFI) Fellowship for his contribution to the motion picture industry, following in the footsteps of previous recipients including Clint Eastwood, Sir David Lean and last year's (09) honouree Sir Ridley Scott.
Boyle says, "A significant helping of humility is called for in the face of this honour and that is not difficult considering those awarded it before. I am shocked, flattered and delighted to receive the Fellowship on behalf of everyone who has helped me make the films, the successful ones and the not so successful ones, and on behalf of all runts in every litter."
The director's latest movie 127 Hours is also in the running for the festival's coveted Best Film honour, competing against other nominees including Black Swan, The King's Speech and Never Let Me Go.
The festival runs from 13-28 October (10).