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Paramount has set Robert De Niro, Michelle Pfeiffer, Claire Danes, Charlie Cox and Sienna Miller to star in “Stardust,” an adaptation of the Neil Gaiman novel to be directed by Matthew Vaughn.

Pic begins shooting in the U.K. and Iceland next month.

Vaughn, who committed to the fantasy project last fall (Daily Variety, Oct. 26), penned the script with writing partner Jane Goldman. Lorenzo di Bonaventura is producing; Par co-finances and co-produces with Vaughn’s Marv Films and Ingenious Film Partners.

Michael Dreyer and the author are also producing, and Steve Mark and Peter Morton are exec producers.

Story concerns a star-crossed youth from the English village of Wall who tries to win the heart of his true love by searching for a falling star and heading into a magical world where he must deal with a witch and a pirate.

Film will be the first for Vaughn since “Layer Cake,” after he dropped out of the third X-Men pic for personal reasons. A majority of shooting will be done in the U.K.

Par co-prexy Brad Weston is running production with senior veep Dan Levine.