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Speaking to MTV, director Jay Roach confirmed that star Myers is developing a fourth instalment of the spy spoof franchise.
"[Mike is] working on ideas for it, people are definitely talking about it and I'm all good for it," said Roach, who directed the first three Austin Powers movies.
The filmmaker added that Myers's comical spy character would go "somewhere you haven't thought of" in the next movie.
The third and most recent chapter in the series Austin Powers in Goldmember was released in 2002.
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