LOS ANGELES (AP) - Sisqo and Carmen Electra will be the hosts of the 2001 World Music Awards in Monte Carlo.

The awards show will be taped on May 2 and will air on May 28 on ABC (9 p.m. EDT).

Shaggy, Nelly, Enya, Nelly Furtado, Christina Aguilera, Rod Stewart, the Backstreet Boys and Ricky Martin are among those scheduled to perform.

Stewart will receive an award for lifetime achievement.

All proceeds from ticket sales to the show's taping will be donated to the Princess Grace Hospital and the Monaco Aide and Presence Foundation.