Reese Witherspoon has a bun in the oven!

Reese Witherspoon

The rumour mill has been spinning out of control, since Reese has been spotted out and about sporting a series of loose-fitting shirts, skirts and dresses. Now, after weeks of speculation, a friend of Reese Witherspoon and Jim Toth has confirmed the news to People Magazine: Reese, 36, is pregnant with her third child and "they are both thrilled."

Reese and Jim were married almost one year ago. Reese has two children, Ava, 12, and Deacon, 8, from her previous marriage to Ryan Philippe. She told British magazine Closer in January, "I would love to have more kids. My children are the best part of my day." The friend says that "Jim and Reese are looking forward to having a bigger family at this point in life. They can take the time to enjoy the next stage and make sure the transition for all is easy and joyful."

The British Marie Claire says that Reese is around 12 weeks pregnant and will not make an official statement.