Foster's try came against Harlequins in March and Brown won the Gillette Power Award, won for a big hit on Sale's Sebastian Chabal. The pair were honoured at a dinner in London this week.
Marco Bortolami was also named as captain of the Sky Dream Team and was selected alongside Andy Hazell.
The top award went to Leicester Tigers' Italian international prop, Martin Castrogiovanni, who was named Guinness Premiership Player of the Season.
The panel felt that Castrogiovanni's contribution for Leicester Tigers in the Guinness Premiership, as well as in the EDF Energy Cup and Heineken Cup, had been central to the success of his team, which may still achieve a unique treble.
Premier Rugby's Rugby Manager, Phil Winstanley said, "In his first season in the Guinness Premiership, Martin has been a rock for Leicester Tigers in what may yet be the most successful season in the club's history. His enormous contribution was recognised by the panel in a position in the front row that isn't widely recognised".
Castrogiovanni is the second overseas player to win the award, after Gloucster Rugby's Jake Boer won in season 2002/3.
Shane Jennings of Leicester Tigers was confirmed as the runner up and Bristol Rugby's Roy Winters was in third place.
In the young player category, the Land Rover Discovery of the Season Award, it was a clean sweep for London Wasps players.
Tom Rees was confirmed as the Land Rover Discovery of the Season, with back row colleague James Haskell in second place and centre Dominic Waldouck in third.
The selection for this award was the hardest decision for the panel, with the judges variously describing it as "sensationally difficult" and "tougher than the main award".
Phil Winstanley added, "At one stage I think we had a three way tie for this award. In the end, the panel felt in Tom Rees we had a player who had moved on from being a support player in his club squad, to be first choice with his club and an England international.
Whilst the other nominees had performed exceptionally well, the panel felt Tom had done so more consistently throughout the season."
Pat Howard of Leicester Tigers was rewarded for his team's success in reaching the final of all three tournaments with the award of the O2 Director of Rugby of the Season.
Having already won the EDF Energy Cup, Howard takes his side to Twickenham on successive weekends to play firstly Gloucester Rugby and then London Wasps in an effort to achieve an unprecedented treble.
The panel also commended Richard Hill for his work in taking Bristol Rugby into the top four of the Guinness Premiership and Gloucester Rugby's Dean Ryan for finishing the league season in first place with a squad of exciting young English players.
They also commended Alan Gaffney for establishing Saracens as serious title challengers after several seasons outside the top four.
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