Pretty Penelope in Cannes

Penelope Cruz premiered her latest movie, "Volver" at the Cannes film festival this weekend. Hollywood Reporter said the hot new couple was Penelope and her director, Pedro Almodovar. Apparently they had a mutual admiration for each other during the press conference. She said, "My career and even my life wouldn't be the same without him. (In) whatever subject he touches on film, he really explores every layer. He's so brave to put out there what he sees, and he never judges his characters." Wouldn't it be nice if everyone got along so well with their bosses?

She looks amazing in that dress. Apparently she avoided any questions about her ex, Tom Cruise and she spoke about preferring to be an outsider in Hollywood. Sorry ladies, but for those who were asking, she is still with Matt but he was just not there since he was busy working in the States. Lots more pictures of Penelope from another event in Cannes where she is dripping in jewels at the Chopard event so read more

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