Bellucci, who will next be seen in the Matrix sequel, beat out Jennifer Lopez, Gwen Stefani, and last year's #1, Britney Spears, for the top spot.

The annual Stuff supplement is included with the magazine's January 2003 issue on stands now.

Stuff's top 10 "Sexiest Women in the World for 2003":

1. Monica Belluci (Matrix Reloaded)


2. Jennifer Lopez (singer, Maid in Manhattan)


3. Jamie-Lynn Sigler (The Sopranos)


4. Jennifer Love Hewitt (singer/actress)


5. Shannyn Sossamon (The Rules of Attraction)


6. Britney Spears (singer)


7. Shakira (singer)


8. Cameron Diaz (Charlie's Angels)


9. Krista Allen (Confessions of a Dangerous Mind)


10. Gwen Stefani (No Doubt)

Other sexy women named to the list include Pink (#100), Kelly Clarkson (#91), Kylie Minogue (#82), The Women of The Real World: Las Vegas (#79), Lucy Liu (#65), Halle Berry (#49), Carmen Electra (#42), Rebecca Romijn-Stamos (#41), Christina Aguilera (#31), Brittany Murphy (#29), Pam Anderson (#17), Kelly Hu (#15) and Jennifer Garner (#11).

Stuff is the second largest men's lifestyle magazine in the country behind brother publication Maxim. Stuff speaks directly and humorously to men about the stuff that matters in their lives -- entertainment, technology, fashion, sex, money and relationships. Plus, they have great recipes.