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Speaking at the Cannes Film Festival in France, Willis--who stars as policeman John McClane in the Die Hard films--revealed the highly anticipated sequel is expected to start filming soon.
He said, "We're as close as we've ever got to getting Die Hard 4 started.
"It won't be called Die Hard 4 but that will be the story. Hopefully it will be out next summer."
The movie's plot had to be rewritten after last year's Hurricane Katrina tragedy--the original screenplay involved an oil tanker explosion that sends huge waves flooding into New Orleans, Louisiana.