Published Tuesday, 22 October 2013
One of the biggest arts events in the world, the exhibition is being held at the old Ebrington army barracks and is expected to attract tens of thousands of visitors when it opens to the public.
Now in its 29th year, this is the first time the event has been held outside of England.
Previous winners of the prize include some of the arts world's greatest names - like Damien Hirst and Anthony Gormley.
This year's shortlisted nominees include French film maker Laure Prouvost who is nominated for her new work 'Wantee' at Tate Britain and her two-part installation 'Farfromwords'.
Prouvost's previous work in film making has been described as both "surprising" and "unpredictable".
Painter, poet and writer Lynette Yiadom-Boakye is the first black woman to be nominated for the Turner Prize.
Best known for her large-scale paintings of fictional characters, Yiadom-Boakye is nominated for her exhibition 'Extracts and Verses' at Chisenhale Gallery.
British-German artist Tino Sehgal is nominated for his pioneering projects 'This Variation at Documenta (XIII)' and 'These Associations' at Tate Modern.
Sehgal's work of "live encounters" between people has previously seen the Tate Modern's Turbine Hall filled with storytellers who engage with visitors. He is the first person to be nominated who specialises in this form of art.
And finally Scottish visual artist David Shrigley is nominated for his solo exhibition at Hayward Gallery, 'David Shrigley - Brain Activity'.
He is best known for his simple and direct drawings and animations that make satirical comments on everyday situations.
Shona McCarthy, Chief Executive of Culture Company 2013, said: "We are proud to be presenting the Turner Prize as one of the highlights of our programme, reflecting the powerful cultural relationships that have been built around this vital year.
"The shortlist of artists is wonderful, and with the exhibition's exceptional location, a former military barracks now transformed into a world-class exhibition and concert space, the stage is set for the unique experience of Turner Prize 2013.
"Our thanks go to all the artists and to Tate for making this possible. We look forward to welcoming everyone to come and enjoy the exhibition in the splendid setting of Ebrington, confirming our reputation as a place where creativity flourishes."
Penelope Curtis, Director of Tate Britain, added: "This year's shortlist for the Prize showcases artists whose work spans live encounters, film, sculpture, drawing and painting. Visitors to the exhibition at Ebrington will gain a good sense of the diversity of British art.
"The Prize provides a vital part of Tate's aim to encourage a wider understanding and enjoyment of visual art."
Established in 1984, The Turner Prize is awarded to a British or British-based artist under 50 for outstanding work the previous year.
The shortlisted nominees, which were announced in April, were chosen by a jury headed by Penelope Curtis.
Each nominee will receive £5,000, with the winner receiving £25,000.
The winner will be announced at an awards ceremony in the city on 2 December.
The Turner exhibition will be on show at Ebrington from 23 October to 5 January 2014.
© UTV News