We have yet another Armani Privé gown on the red carpet tonight.

Penelope Cruz was flying solo at the “Pirates Of The Caribbean: On Stranger Tides” Munich Premiere in Germany today.

The Spanish actress looked gorgeous wearing a red hot Armani Privé Spring 2011 gown.

Her red organza long sleeved v-neck gown with a high back slit was presented as a short sleeve off-the-shoulder dress.

Both version work for me, but I’m glad Penelope opted for the long sleeve look as we’ve seen the runway version on Anne Hathaway.

Her matchy matchy look included a red box clutch and satin pumps.

This is now my favourite look so far from Penelope during her promotional tour.

It’s definitely a BDOTW contender, even during Cannes Week.

[nggallery id=818]
Credit: Style.com & Getty