Penelope Stays Hydrated

Beautiful Spanish actress Penelope Cruz clutched a bottle of water as she wrapped up a night of Oscar celebrations, leaving a post-Oscars party at Hollywood's hot Villa Lounge, where she celebrated Hollywood's biggest night - and the best supporting actor victory for her beau, Javier Bardem - until 3am. The Academy Award-nominated actress had earlier presented the award for best foreign film to Austria's "The Counterfitters," and changed out of her gorgeous red carpet Chanel gown for something a little more manageable as she partied the night away. I don't know about you, but if I were dating Javier Bardem, I'd opt for a private post-Oscars bash!