Lindsay Lohan has laughed off rumors she will appear on Celebrity Big Brother.

The 26-year-old actress has been the subject of speculation recently, with many claiming she would appear on the British reality show. The Liz & Dick star has dismissed the idea, claiming she wants to focus on breaking into musical theater.

"I'm busy acting... I'm a singer. I'd love to do a musical. Something like Mamma Mia!" she told Heat magazine.

Lindsay was tied to Celebrity Big Brother after she arrived in London - where the reality show is filmed - over New Year, but an appearance hasn't materialized since the new series was launched two weeks ago. It has since emerged that she was in the UK because she was invited to attend a Southeast Asian prince's New Year's Eve party - and she was reportedly paid $100,000.

The New York Daily News newspaper claimed, "Prince Azim not only flew her out; he put her up in a beautiful suite in the Dorchester for the weekend and following the party. Her mom, Dina, is also in London with her at the hotel and attended the party."