That's about the size of it. If you're wondering why the 40-year-old actress has been graced with the title by the magazine, might we suggest you watch Vicky Christina Barcelona to refresh your memory.

Previous winners include Halle Berry, Rihanna, Mila Kunis, Angelina Jolie, Rihanna, Charlize Theron, Minka Kelly, Jessica Biel and Kate Beckinsale. Penelope Cruz's one-time co-star Scarlett Johansson is the only lady who's won the title twice - last year and back in 2006.

Read the full interview and see all the pictures of Penelope in all her loveliness here at Esquire.com