SPANISH superstar Penelope Cruz has signed on for the much-anticipated sequel to Ben Stiller’s hit comedy Zoolander.

Named as Esquire’s Sexiest Woman of the year, it is believed that Cruz will take on a role that plays on her ravishing good looks.

Although her exact role is still to be revealed, Ben Stiller will definitely reprise his role as happy-go-lucky supermodel Derek Zoolander.

She was the first Spanish actress in history to receive an Academy Award and also the first to receive a star on the Hollywood Walk of Fame.