Oscars 2012 - Penelope Cruz is breathtaking in a periwinkle Armani Prive gown

Spanish actress Penelope Cruz is breathtaking as she walks on the Oscars 2012 red carpet dolled to perfection in a custom made organza Armani Prive gown. The beautiful gown make the actress seem fairy like with a fitted bodice, off shoulder neckline, and a generous train. The periwinkle creation was accessorized with a matching clutch and platinum and diamond jewelry by Chopard including a pear-shaped necklace (56 carat), cluster earrings (15 carats) and a bracelet (43 carats).