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Meryl Streep on Playing Margaret Thatcher: "A Daunting & Exciting Challenge"

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Feb. 10 2011, Published 5:34 a.m. ET

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Meryl Streep is portraying Margaret Thatcher in the upcoming biopic, The Iron Lady, and the first official photo of her transformation has been released!

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We don't think it gets much closer than that!

Meryl has been hard at working filming as the former British Prime Minister in London since Jan. 31, CBS News' Celebrity Circuit reports.

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But the Oscar-winning actress did make a statement about the film, which has been posted to the movie's official blog!

"The prospect of exploring the swathe cut through history by this remarkable woman is a daunting and exciting challenge," Meryl said. "I am trying to approach the role with as much zeal, fervor and attention to detail as the real Lady Thatcher possesses - I can only hope my stamina will begin to approach her own!"

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We have no doubt Meryl will be able to take on the role just fine! What do you think?

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