It looks like the rumors are true. Academy Award winners Penelope Cruz and Javier Bardem are informing friends they are engaged, according to reports from the NY Daily News and US Magazine.

"They're telling friends they will get married," said an unnamed friend who was told the news directly from one member of the ultra private couple. The nuptial news is shocking to many fans. "They tried to keep it very private and quiet," said a source regarding the couple's courtship which began most recently in 2007. They met while co-starring in 1992's 'Jamon, Jamon' and their steamy sex scenes started the gossip mills turning.