03/25/2009 05:12 am ET Updated May 25, 2011

Penelope Cruz And Tom Cruise's Awkward CAA Party Run In

IT was an awkward moment at Creative Artists Agency head Bryan Lourd's house party Friday night that kicked off Oscar weekend when Tom Cruise and his ex, Penelope Cruz, bumped into each other.

Cruise was standing in the living room of Lourd's Wallace Neff-designed Beverly Hills home, talking with MGM head Mary Parent and producer John Goldwyn, when Cruz approached.

A Page Six spy reports: "Penelope tapped him on the shoulder and timidly asked, 'Tom?' Tom turned around, got visibly flustered and awkwardly said, 'Oh, hey. Hi,' and gave her a small, distant hug before turning back around to his friends. It was weird."

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