Photo SpecialParty On! After Oscar, the Stars Celebrate

From Reese and Jake to Kate and Meryl, the stars hit the town to celebrate!

$PRIZED POSSESSION photo | Pen\u00E9lope Cruz$

Credit: Kevin Mazur/VF/WireImage

Published: Tuesday Feb 24, 2009 | 11:10 AM EST

PRIZED POSSESSION

Best Supporting Actress winner Penélope Cruz (in Atelier Versace) holds tight to her golden man at the Vanity Fair Oscar party. "I dedicate this award to all those from Spain who feel this award as theirs," Cruz said in Spanish of winning the night's first award.

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