Penelope Cruz: Hello Oscars

She’s one of the most unique actresses in film and earlier tonight Penelope Cruz shone as she arrived at the 81st Annual Academy Awards.

The “Vanilla Sky” cutie looked fabulous as she made her big arrival outside the Kodak Theatre in Los Angeles, sporting a strapless white lace-accented dress with a pulled-back hairdo.

And while Miss Cruz will definitely enjoy schmoozing with her fellow Tinseltown royalty, she’s also in the house to hopefully take home a trophy.

Penelope will compete tonight in the Best Supporting Actress category for her amazing work in Woody Allen’s “Vicky Cristina Barcelona.”

Gossip Girls / Dailyfill.com

To see the entire gallery from the 2009 Academy Awards (February 22) - Click Here!