[A worm wriggles in someone's hand. A smiling face looks on.]

[Two Riverfolk sit in a small boat, fishing. One of the fishing poles jerks down.]

D�agol: "Sm�agol! I've got one! I've got a fish, Sm�ag!"

Sm�agol: "Go on! Go on, pull it up!"

[The fish pulls D�agol out of the boat and into the water. Sm�agol looks down but only sees D�agol's hat, floating in the river.]

Sm�agol: "D�agol?"

[D�agol is pulled through the water by the fish.]

[D�agol loses grip on the pole as the fish escapes. He sees a ring and scoops it out of the riverbed.]

[D�agol returns to land. He pauses, then looks at the ring in his hand.]

[Sm�agol approaches.]

Sm�agol: "D�agol! D�agol!"

[They both stare raptly at the ring.]

Sm�agol: "Give us that, D�agol, my love."

[D�agol closes his hand over the ring.]

D�agol: "Why?"

Sm�agol: "Because it's my birthday, and I wants it."

Ring: "Ash nazg durbatulûk, ash nazg gimbatul,
ash nazg thrakatulûk agh burzum-ishi krimpatul!"

[They fight, playfully at first, but then with vigor.]

[Sm�agol kills D�agol by strangling him. While holding him down, Sm�agol appears momentarily disturbed with what he is doing.]

[Sm�agol takes the Ring and smiles.]

Sm�agol: "My Precious!"

[Sm�agol puts on the ring and disappears.]

[Sm�agol is shown, later at night, looking quite ragged.]

Gollum (voiceover): "They cursed us. Murderer, murderer they called us. They cursed us and drove us away!"

Sm�agol: "Gollum! Gollum! Gollum!"

Gollum (voiceover): "And we wept, Precious. We wept to be so alone. (Fish, and we only wish, so juicy sweet.) And we forgot the taste of bread, the sound of trees, the softness of the wind."

[Sm�agol, now transformed into Gollum, craws into a mountain cave.]

Gollum (voiceover): "We even forgot our own name. My Precious."