All of Hollywood is abuzz with the official announcement by Producer Jerry Weintraub and director Steven Soderbergh. The duo has announced they will helm the third installment in the Ocean’s Series. Soderbergh and Weintraub will team up on Ocean's Thirteen, the latest film in the stylish caper series boasting an all-star ensemble cast headed by George Clooney, Brad Pitt and Matt Damon. The announcement was made today by Jeff Robinov, President of Production, Warner Bros. Pictures.

It is expected that additional cast members of the first two movies, including Andy Garcia, Don Cheadle, Bernie Mac, Casey Affleck, Scott Caan, Eddie Jemison, Shaobo Qin, Carl Reiner and Elliott Gould, will also return. Joining the cast this time will be Ellen Barkin, with another starring role to be cast shortly.

The film will be co-financed by Warner Bros. Pictures and Village Roadshow Pictures. Warner Bros. will distribute worldwide in all territories except Australia, New Zealand, Singapore and Greece, where Village Roadshow will distribute. Principal photography is expected to begin July 21, 2006, in Las Vegas and Los Angeles, from a script by Brian Koppelman & David Levien.

Weintraub will produce the Jerry Weintraub Productions - Section Eight production. Jessica Goodman will oversee the production for Warner Bros. Pictures."Steven Soderbergh came up with a great idea," said Weintraub. "Brian and David wrote a terrific script and that made it irresistible, and everyone thought it would be great to get together and make another one of these movies."