The stunning model opted for a wine coloured gown teamed with nude heels and clutch as she left her London home for her 15th year as guest of honour at the luxurious bash.
And in true Liz style she flashed a bit of her enviably toned figure in the asymmetric number, cinched in at the waist.
With her fiance Shane Warne nowhere to be seen, the 48-year-old was accompanied by designer Patrick Cox.
Taking to Twitter Liz squealed with excitement at the night: "'On the way! 15th year of the White Tie ball. With Patrick Cox. @ejaf #loveisinmyblood."
Here's more of Liz's style over the years...