U2 [ tickets ]'s Bono and The Edge have been added to the announced performer's lineup for the annual Thelonius Monk Institute of Jazz event at the Kodak Theatre in Los Angeles, on Oct. 26 [ tickets ] .

The duo will take the stage as part of a concert lineup honoring B.B. King [ tickets ], to whom they will also present the organization's Founder's Award, according to a Monk Institute spokesperson. The pairing sets the stage for a possible re-creation of U2's performance debut with King in November of 1987, where they unveiled the U2-penned song "When Love Comes To Town," captured for the band's 1988 film "Rattle and Hum." The song has been a staple at King concerts since then.

Photos: U2 | B.B. King

The event's other honoree, Microsoft co-Founder Paul G. Allen, will be presented with the 2008 Herbie Hancock [ tickets ] Humanitarian Award. In 2007, the Monk Institute inaugurated the Hancock award with an all-star event honoring Hancock and featuring Sting, Joni Mitchell, Jamie Foxx, Chris Botti and others, also at the Kodak.

This year's Monk event [ tickets ] , showcasing performances by both King and Hancock, is titled the "Two American Classics Gala Concert" and will also feature jazz and blues mainstays Terence Blanchard, Terri Lynne Carrington, Robert Cray, Keb' Mo', Wayne Shorter, Cassandra Wilson and others. The show is a benefit for public school music education programs in Los Angeles, New Orleans and the Mississippi Delta.

King recently turned 83 and rolled out an aggressive tour schedule that will keep him on the road through the end of the year in support of his latest release, "One Kind Favor," which hit stores in August.