Photo: WENN.com

Steven Spielberg has confirmed that Indiana Jones will return for a fifth installment.

This means that Harrison Ford will be donning the fedora at the ripe old age of 70.

The director told Entertainment Tonight: "George [Lucas] is working on Indy V. We haven’t gone to screenplay, he’s working on the story."

All involved will be hoping for better things than the previous film, 2008's Kingdom of the Crystal Skull, provided, which was released to relatively negative reviews.

Spielberg added: "I sympathise with people who didn’t like the MacGuffin because I never liked the MacGuffin. George and I had big arguments."

Shooting is expected to start in late 2012.

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