UPDATE: Penelope told Spanish TV station TVE she's "tremendously happy and excited" to be expecting their second child. 

Original story:

Add Penelope Cruz to the long list of pregnant Hollywood stars!

According to the New York Post's Page Six, and further confirmed by Us Weekly's sources, Penelope Cruz is pregnant, expecting her second child with fellow amazingly hot Spanish star Javier Bardem.

The couple started dating in 2007 and were married in July 2010. Their son, Leo Encinas Bardem, was born January 2011.

In news slightly reminiscent of Jessica Simpson being pregnant at the same time as her BFF Cacee Cobb, this means Penelope and her sister, Monica Cruz, will be expecting kids at the same time. Monica recently announced she was expecting her first child.

Congrats to everyone!

Sources: Page Six, Us Weekly