They join Tom Cruise, Michelle Monaghan, Ving Rhames, Jonathan Rhys Meyers and Keri Russell in the sequel, which is being produced by Cruise and his production partner Paula Wagner through their C/W Prods. banner. Fishburne will play Cruise's mentor; Hoffman will play the villain. J.J. Abrams is set to direct.

Rhames and Cruise are the only holdovers from the original cast assembled to shoot "M:I-3" when it was scheduled to film last year. That cast also included Carrie-Anne Moss, Kenneth Branagh and Scarlett Johansson.

The film was put on hold in the summer after director Joe Carnahan opted out over creative differences close to the original production date. Abrams quickly emerged as the frontrunner but was unavailable to shoot last year as he was committed to direct the ABC series "Lost." Cruise filled the gap, filming "War of the Worlds." "M:I-3" is set to start lensing July 18 in Italy and will shoot on location throughout the world.