Square Enix announced today that the action RPG, Dungeon Siege 3, will be available as of May 27, 2011 (wow, a bit sooner than expected, but hey...), in Europe and other PAL territories "with an exclusive Limited Edition available for pre-orders." The game is in development Obsidian Entertainment and is on its way to PC, PlayStation 3 and Xbox 360 platforms.

"In DUNGEON SIEGE III, players assume the role of one of four legionnaires in the crumbling kingdom of Ehb, fighting for the sake of their fallen comrades. Conflict is constant and decisions have lasting consequences, allowing players to dictate the outcome of the tale. Do battle as a lone hero or fight alongside up to three friends and, thanks to robust AI, DUNGEON SIEGE III’s co-op multiplayer mode allows players to seamlessly drop in and out of battle without interrupting the action or impacting the campaign."

With DUNGEON SIEGE III we are bringing the rich world and lore of Ehb to an all new audience,” said Ned Browning, Brand Manager at Square Enix. “The depth of story and wealth of characters and classes will take players on an incredible journey whether in singleplayer or with up to three friends online.”

You can check out screenshots from Dungeon Siege 3 right here.