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Lupe Fiasco, Ghostface Killah, Raekwon for 2012 Soundset Festival

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Rapper Lupe Fiasco

© Rex Features / Sipa Press

Lupe Fiasco, Ghostface Killah and Raekwon have been announced as performers at the 2012 Soundset Festival.

Billed as 'a festival of hip-hop', the event will take place in Minnesota on Sunday, May 27.

Other performers include DJ Premier, Atmosphere, Kendrick Lamar, Danny Brown, Aesop Rock, P.O.S. and Big K.R.I.T.

The festival will also feature a B-Boy/B-Girl DJ tent, a live painting exhibit, skateboarding demonstration area, custom car show and a special 'Last of the Record Buyers' live production.

In January, Lupe Fiasco revealed that he is waiting on Atlantic Records for the release of his fourth studio album Food and Liquor II: The Great American Rap Album, which is expected to arrive in stores later this year.

Jack Urbont, who composed the theme to the 1960s Iron Man animated TV series, launched a lawsuit against Ghostface Killah and Sony Music Entertainment last year alleging illegal sampling.

Watch a video of Lupe Fiasco's 'Words I Never Said' below:

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