Penelope Cruz Channels Old Hollywood Glam at the 2012 Oscars (PHOTOS)

2012 Oscars Coverage
84th Academy Awards Nominations Luncheon - Inside
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How fabulous does Penelope Cruz look?!

The actress looked like she stepped straight out of the 1920s as she walked the 2012 Academy Awards red carpet on Sunday in this stunning purple gown. She even went with a very chic Grace Kelly-esque bob 'do.

Love it!

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  • sona

    wow! beautiful! looks like a stolen moment from an old movie

  • AlaBella

    She looks gorgeous