Producer George Lucas and director Steven Spielberg have confirmed they will start filming in 2007 on a fourth "Indiana Jones" movie for release in May 2008.

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Lucas and Spielberg Monday confirmed details of the production after Lucas mentioned it to reporters as he prepared to serve as grand marshal at the Rose Parade in Pasadena, Calif., The Hollywood Reporter said.

The release date follows by 19 years the release of "Indiana Jones and the Last Crusade," the third movie starring Harrison Ford as the academic-action hero. The new movie has been in development for at least four years, as Lucas, Spielberg and Ford have tried on several screenplays for size.

They finally have one -- by "Jurassic Park" and "War of the Worlds" screenwriter David Koepp -- and Spielberg told The Reporter he thinks it's a good one.

"George, Harrison and I are all very excited," Spielberg said. "We feel that the script was well worth the wait. We hope it delivers everything you'd expect from our history with Indiana Jones."

Spielberg, who has been developing other projects, said the new "Indiana Jones" picture will be his next directing gig.