A poster of "The Bourne Ultimatum." Matt Damon is set to star in the fourth installment of the Bourne series. - Xinhua

Matt Damon is set to star in the fourth installment of the Bourne series.

Damon had earlier indicated that 2007's "Bourne Ultimatum" would be his last. But after the movie won three Oscars, execs announced that Damon would return as Bourne, reports contactmusic.com.

It won for Best Sound Editing, Best Film Editing and Best Sound Mixing.

British director Paul Greengrass who directed two of the sequels is set to direct the fourth one.