Penelope Cruz Joins 'Pirates of the Caribbean' with Johnny Depp?

Penelope Cruz is close to signing onto Disney’s Pirates of the Caribbean: On Stranger Tides, out May 20, 2011.

The 35-year-old actress would star opposite Johnny Depp and be directed by Rob Marshall (Chicago, Memoirs of a Geisha, Nine).

Variety reports the fourth Pirates will start shooting in Hawaii this summer with Jerry Bruckheimer producing.

ARE YOU EXCITED for Penelope Cruz to join the cast of Pirates franchise?