Lead singer Simon LeBon told AP that the band has almost finished working on the yet-untitled disc, which will be released in this October on Epic Records. It will mark the first time the original band members--LeBon, John Taylor, Nick Rhodes, Roger Taylor and Andy Taylor--have recorded an album together since 1983's Seven & the Ragged Tiger.

Working together again has been a combined effort. Said LeBon: 'It's very similar to how it worked 20 years ago.'

The British pop quintet was among the biggest rock acts in the world in the early '80s, with hits including Girls on Film, Rio, Hungry Like the Wolf and The Reflex.

But they started going their own ways with side projects in 1985. Guitarist Andy Taylor and bassist John Taylor formed The Power Station with Robert Palmer; LeBon, key boardist Rhodes and drummer Roger Taylor recorded an album under the name Arcadia. By the late '80s, Roger Taylor and Andy Taylor had left Duran Duran entirely.

The men reunited and started recording new music in 2001, but only recently got a record deal. They're working with producers Rich Harrison, who has worked with superstars including Usher, Alicia Keys and Beyonce, as well as Don Gilmore, who's produced tracks for multi-platinum acts like Good Charlotte and Linkin Park.

The lead singer says the group is closer than ever--even though they still have their disagreements. 'We're like any people...Sometimes you argue with each other. But the fact is we inspire each other musically,' he says.