See:-http://www.thedigitalbits.com/reviews2/lotrfellowship4disca.html
This is the relevant part, "And now it's been made even better in this extended DVD version, with the addition of some 30 minutes of footage that was cut to save time during the film's theatrical run. The new footage includes (but is not limited to) a much extended opening with Bilbo writing his memoirs, a new introduction to Samwise Gamgee, a scene at the Green Dragon Inn, the Hobbits witnessing the departure of the Elves from Middle Earth on the way to Bree, Aragorn singing the ballad of Beren and Luthien, Aragorn at his mother's grave, new moments during the departure from Rivendale in which we see Arwen's emotional reaction to Aragorn's leaving as well as Elrond seeing the Fellowship off, a scene in the mines of Moria in which we learn how the Dwarves unleashed the fire-demon, Galadriel's complete gift-giving scene at Lothlorien and more footage of the battle at Amon Hen.
All that would be impressive enough. But there are also many smaller scenes, scene extensions and additional brief moments that have been added in throughout the length of the film. The cumulative effect is to make this film seem vastly more epic in scope - something I would never have guessed possible. There's a greater sense of distance to the Fellowship's journey, with many more points of interest along the way. We get to learn much more about Hobbits in the new opening, and there's more interaction between Frodo and Bilbo, which illuminates their fond relationship. You see that Gollum has continued to follow the Fellowship after leaving Moria. Lothlorien is depicted in much greater detail. The battle scenes are all much more intense now, and several characters are given added moments that make them feel more rounded, particularly Boromir (his last stand is now much more heroic and emotional). There's more humor in this cut. And the new footage adds significant texture and depth to the film - particularly welcome as much of this directly references material in the original book. The result, ultimately, is a much more satisfying viewing experience. I have no doubt that those who disliked the film because it was too long will bemoan the new version. But for fans, if you liked Fellowship in its theatrical form, you will absolutely love this."
All that is going to be more than 3 minutes worth.
