Proud parents Penelope Cruz and Javier Bardem hit the red carpet

The couple stepped out for the first time since the birth of their son, Leo

New parents Penelope Cruz and Javier Bardem took a night off to attend the 83rd Oscars yesterday evening, stepping out at an official event for the first time since the birth of their son.

OSCARS 2011: DAZZLING RED CARPET PICTURES

The proud pair welcomed their first son, baby Leo Encinas Cruz on 22nd January, after Penelope gave birth at the exclusive Cedars Sinai hospital in LA.

And the couple simply oozed happiness as they walked the red carpet hand in hand, their first public event since their new arrival’s birth.

Penelope showed off her enviable post-pregnancy curves as she arrived with her hubby – a rare occurrence in itself – and posed for photos.

Penelope Cruz and Javier Bardem - Proud parents Penelope Cruz and Javier Bardem hit the red carpet - Oscars 2011 - Ocars - Penelope Cruz baby - Javier Bardem - Penelope Cruz - The Oscars 2011 - Celebrity News - Marie Clarie - Marie CLaire UK

The starlet donned a sparkling red L’wren Scott dress and dazzlingChopard High Jewelry diamond earrings for her post-pregnancy Oscar appearance, stepping out out to support her hubby.

Javier was nominated for Best Actorfor Spanish flickBiutiful – his third nomination to date – but was pipped to the post by Brit actor Colin Firth, whose film The King’s Speech swept the board at the event.

Penelope Cruz and Javier Bardem - Proud parents Penelope Cruz and Javier Bardem hit the red carpet - Oscars 2011 - Ocars - Penelope Cruz baby - Javier Bardem - Penelope Cruz - The Oscars 2011 - Celebrity News - Marie Clarie - Marie CLaire UK

After sitting through the ceremony, the new parents shunned the glittering Oscar after-parties, dashing off home to see to their new son.

Others, however, partied into the night, attending bashes thrown by Vanity FairandElton John, as well as the glittering Governor’s Ball.

OSCARS 2011: THE AFTER-PARTIES

OSCARS STARS AND STYLE

OSCAR WINNERS 2011

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