Feb 08, 2011 11:48 PM EST

Dakota Fanning Having a "Girl's Night Out"

Twilight star Dakota Fanning will be portraying Princess Margaret in the upcoming film, "Girls' Night Out".

The film, which is based on a true story, is about Princess Margaret and sister Elizabeth who are given one night of freedom from Buckingham Palace during the V.E. Day celebrations in 1945. The film is said to "encompass thrills, romance and danger".

Michael Hoffman will be directing the film, which was written by Trevor DeSilva.

No word yet on who will be playing Elizabeth.
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