Penelope Cruz hit the red carpet at this evening's Oscars in LA. She was decked out in a gray dress from Armani Privé. She's on the long list of presenters tonight, which also includes Sandra Bullock, Gwyneth Paltrow, the ladies of Bridesmaids, and Tom Cruise. Penelope won an Oscar herself back in 2009 for her role in Vicky Cristina Barcelona, one year after her husband Javier Bardem won for No Country For Old Men. What do you think of Penelope's look? Make sure to vote on her ensemble, and many more, with our Oscars fashion polls.
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