Liz Hurley attends Valentino exhibition... alongside ex-husband Arun Nayar and his girlfriend

PUBLISHED: 17:53 EST, 28 November 2012 | UPDATED: 18:08 EST, 28 November 2012

She's currently loved up with her fiancé Shane Warne as she gears up to walk down the aisle.

But on Wednesday evening, Elizabeth Hurley almost came face to face with her past as she attended a private viewing of Valentino: Master of Couture.

Inside the Somerset House exhibition, the 47-year-old model managed to escape what could have been an awkward run-in with her ex-husband Arun Nayar.

Awkward... Elizabeth Hurley managed to escape a run-in with her ex-husband Arun Nayar on Wednesday as she attended a private viewing of Valentino: Master of Couture

In good company: At the exhibition in Somerset House Hurley was pictured cuddling up to good friend Valentino

Looking as stylish as ever, Liz took to the event in a strapless lace mini dress which she teamed with a pair of nude coloured heels.

Cuddling up to Italian fashion designer Valentino, Hurley narrowly avoided Arun who was at the presentation with his leading lady model Kim Johnson.

Dazzling, Kim took to her spot on Arun's arm in a metallic mini dress as he wore a black suit with a large purple scarf.

Simply beautiful: The 47-year-old looked gorgeous in a strapless form fitted lace dress

Stunning: Liz wore her hair down as she strutted along in a pair of nude coloured heels

In June 2011, Hurley's four-year marriage to businessman Nayar ended in divorce.

The former couple were granted a decree nisi by District Judge Penny Cushing at the Principal Registry of the High Court's Family Division in London.

The judge held that the marriage had 'broken down irretrievably' and would be dissolved within six weeks at the time of their separation.

Since going their individuals ways, the pair have put on an amicable showing whenever they've had to deal with the dreaded run-in.

With his leading lady: Arun and his other half model Kim Johnson appeared to be in good spirits

Also in attendance: Olivia Palermo was in tow alongside her model boyfriend Johnnes Huebl

Stand out: Olivia, 26, wore a floor length mesh black, blue and cream gown with a black jacket

Stand out: Olivia, 26, wore a floor length mesh black, blue and white gown with a black jacket

Celebrating Valentino's work Olivia Palermo was also in attendance alongside her model boyfriend Johnnes Huebl.

As was the Duchess of York, Sarah Ferguson, who brought her daughters Princesses Beatrice and Eugenie to the event with her.

The ladies were seen beaming as they chatted away with Valentino during the evening.

Royalty in the mix: Duchess of York, Sarah Ferguson with her daughters Princesses Beatrice and Eugenie

Swapping tips: Sarah, Beatrice and Eugenie were seen chatting away with the Italian designer

It's a celebration: Valentino's exhibition opens on Thursday and focuses on his works of haute couture

The new major exhibition celebrating the life and work of Valentino will be open to the public on Thursday at Somerset House.

Valentino: Master of Couture will be a glamorous exhibition focusing exclusively on haute couture created by the legendary Italian designer.

With a 50-year career starting in the late 1950s this exhibition will showcase over 130 hand-crafted designs worn by icons such as Jackie Kennedy Onassis, Grace Kelly, and Gwyneth Paltrow.

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Liz Hurley attends Valentino exhibition... alongside ex-husband Arun Nayar and his girlfriend

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