1.Open Photoshop. Open the image you want to create the effect.
Select the lasso tool (L) and pull the line invalid selection.
Go to Edit -> Fill -> White color (or Shift + F5).
Create inverse selection: Select -> Inverse (Shift + Ctrl + I).
Copy the contents of the selected areas in the new layer / layer using Edit -> Copy (or Ctrl + C) and Edit -> Paste (or Ctrl + V). Photoshop will automatically paste the selected content in a new layer
Create a new selection near the edge.
Copy the content in a new layer / layer: Edit -> Copy (or Ctrl + C) and Edit -> Paste (or Ctrl + V).
Select the content of a new layer / layer by the Control-click it.
Apply Filter -> Render -> Clouds.
Go to Image -> Adjustments -> Brightness / Contrast. Increase brightness and get the contrast down until you get a satisfactory result.
Apply Filter -> Noise -> Add Noise. Amount: 9%; Distribution: Gaussian, Monochromatic.
Deselect (Ctrl + D).
You can add shade (Drop Shadow) using these settings:
On the other side, you can add the other part of the photo, just do the same steps.
Edited by thasoldier, 29 January 2009 - 08:27 PM.