FIRST LOOK: High School Musical 3: Senior Year Trailer Premieres

Monday July 14, 2008 11:30 AM EDT

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Are Troy and Gabriella calling it quits?

High School Musical's East High power couple (played by real-life couple Zac Efron and Vanessa Hudgens) talk about saying goodbye in the first official trailer for High School Musical 3: Senior Year, which premiered today on Disney.com.

Senior Year is the musical franchise’s first installment slated for the big screen, and it looks like the HSM team has amped up the action.

The film follows Troy, Gabriella and the rest of the Wildcats through their senior year as they prepare for life after graduation. The trailer features all of the franchise's favorite moments: flashy musical numbers, basketball court dance sequences, and a romantic duet for our favorite East High couple.

Plus, a bit of romantic intrigue: Gabriella tells Troy, "I'm a lot better at saying goodbye than you." His response: "Why are you saying goodbye?"

"We wanted it to end at East High," Efron told PEOPLE of coming back for a third High School Musical movie. "There are a lot of questions, everyone wants to know where we leave our futures, and this is a great way to leave the story."

Featuring 10 new original songs, High School Musical 3: Senior Year is due out in theaters Oct. 24.