In the men's event, hosts Great Britain will take on European champions Spain, while Olympic champions and world number one USA will face Beijing 2008 bronze medallists Argentina.
In the women’s competition, Great Britain are up against world number two Australia and current European champions Russia. Olympic champions and world number one USA will face current Asian champions China in the other group.
'Biggest basketball stars in the world'
Both men’s and women’s Tournaments will feature 12 teams. The remaining three places for the men's draw will be decided at an qualifying tournament in Venezuela in July, while the remaining five places in the women's event will be decided at a tournament in Turkey from 25 June – 1 July.
London 2012 Organising Committee Director of Sport Debbie Jevans said: 'The Olympic Basketball tournaments will see some of the biggest basketball stars in the world come to London to compete for gold. Today’s draw gives us a glimpse of some of the exciting encounters, world-class players and top teams we’ll see in action this summer.'
The women’s Tournament tips-off with the first group game on Saturday 28 July, while the men's gets underway the following day. In both events, the top four teams from each group will qualify for the knockout stage.
Find out more about Basketball at London 2012
Men’s Tournament:
Group A
Argentina
France
Tunisia
USA
Two remaining qualifiers
Group B
Australia
Brazil
China
Great Britain
Spain
One remaining qualifier
Women’s Tournament:
Group A
Angola
China
USA
Three remaining qualifiers
Group B
Australia
Brazil
Great Britain
Russia
Two remaining qualifiers
Read the full media release
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