John Travolta and Olivia Newton-John reunited for a special 40th anniversary screening of "Grease" at Oscars headquarters. (SOUNDBITE) (English) JOHN TRAVOLTA AND OLIVIA NEWTON-JOHN SAYING: TRAVOLTA: "Well, other than getting together which is always special, I think it's the Academy of Motion Pictures, it's a very big deal..." NEWTON-JOHN: "It's really great to be here..." TRAVOLTA: "The idea that they're honoring our movie and that it's meant so much to the history of film, nothing's quite like it and I think its a really prestigious moment." (SOUNDBITE) (English) DIDI CONN SAYING: "To be recognized by the Academy is pretty classy stuff, you know?

That's a lovely, beautiful gift to honor our 40...

FORTY... years." Also attending the event at the Academy of Motion Picture Arts And Sciences in Beverly Hills were co-stars Didi Conn, aka Frenchie, and Barry Pearl, aka Doody, as well as the film's director, Randal Kleiser.

Fans of the iconic movie-musical, recently rereleased on Blu-ray and DVD, have been clambering for a true sequel to the original for decades. (SOUNDBITE) (English) BARRY PEARL SAYING: "We were approached about three weeks in by (the producer) Allan Carr and he said, 'We want to do the sequel and we want it to be about summer school, about you guys coming back and getting your Phys Ed score.' And then that plan kind of fell apart after a while." (SOUNDBITE) (English) JOHN TRAVOLTA AND OLIVIA NEWTON-JOHN SAYING: TRAVOLTA: "We have some ideas in our hat for other things.

You'll see.

You've got to create mystery, you never know." NEWTON-JOHN: "You never know" Although a second chapter for the original cast might not happen, Travolta has been particularly impressed by the viral GIF featuring his character from Pulp Fiction, Vincent Vega. (SOUNDBITE) (English) JOHN TRAVOLTA AND OLIVIA NEWTON-JOHN SAYING: TRAVOLTA: "Yes, it's amazing." NEWTON-JOHN: "What does it do?" TRAVOLTA: "It's my Pulp Fiction character finding himself in all sorts of situations where he's confused and looking around.

It's very funny." NEWTON-JOHN: "I'll have see it" TRAVOLTA: "There's one where I'm in the middle of the Ocean looking around, they'll put him in someone's wedding looking around, they'll do anything."