Fans immediately took to twitter to share their excitement, with user Stories From The Pit writing: "Petty, Pearl Jam and Springsteen as headliners - this festival was made for me (sic)."
P_J Updates tweeted: "IOW2012 is going to be EPIC! "@IsleOfWightFest: PEARL JAM to headline Saturday night on the main stage....#IOW2012 (sic)"
Of their addition, Madness singer Suggs said: "At last, we've been wanting to play the Isle of Wight Festival for ages now, the perfect way to start our summer."
Further line up announcements will follow. Tickets for the festival are available now, for more information visit www.isleofwightfestival.com.