Hollywood action man Arnold Schwarzenegger is set to juggle his role as California Governor with a return to the big screen - he has reportedly agreed to star in two big money sequels.

The actor-turned-politician has agreed to reteam with Oscar-winning director James Cameron in a fourth Terminator installment in addition to a sequel to True Lies, according to website Moviehole.net.

Eliza Dushku, who is excited about reprising her role as Schwarzenegger's daughter in TRUE LIES 2, says, "We all caught up. Me, JAMIE LEE (CURTIS), Arnold, and JIM (James Cameron), to talk about True Lies 2, about a month ago in California. We're doing it. Definitely doing it. I'm revved."

And JOHN ROSENGRANT, who is a special effects expert at Stan Winston Studios, confirms work on TERMINATOR 4 is at a very early stage: "It's too early to figure out what a new Terminator would look like, or anything like that.

"You see the script and what spark comes from that, (talk) with the director and see what the vision is. It does no good to dream it up unless you write a treatment and try to get out there and sell it yourself."