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Arteton was rumoured to have landed the part in the 22nd 007 film in December, but according to The Hollywood Reporter, she has now been given the role.
Arteton will play a character called Fields, which Danjaq Productions revealed was "a nice-sized role".
She will join Daniel Craig in the follow-up to Casino Royale, which will reportedly be based on the Ian Fleming short story Risico.
It was confirmed last week that French actor Mathieu Amalric would be playing the Bond villain.
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