It's official! Pippa Middleton is engaged, and you have to see her ring

This is a July 6, 2016, file photo of Pippa Middleton and James Matthews at the Wimbledon Championships at the All England Lawn Tennis and Croquet Club, Wimbledon London.

Credit: Anthony Devlin / PA

Credit: Anthony Devlin / PA

This is a July 6, 2016, file photo of Pippa Middleton and James Matthews at the Wimbledon Championships at the All England Lawn Tennis and Croquet Club, Wimbledon London.

Rumors of Pippa Middleton's engagement to James Matthews exploded earlier this week, and now the news has been confirmed.

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"Miss Pippa Middleton and Mr. James Matthews are delighted to announce they became engaged on Sunday, July 17 and plan to marry next year," US Weekly confirmed in a statement from the couple. Middleton's father, Michael Middleton, also reportedly told the Press Association that he is "absolutely thrilled" for the "wonderful couple."

The Daily Mail was one of the first news outlets to report that Matthews popped the question over the weekend while the couple vacationed in the Lake District of England.

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Middleton was reportedly “completely and totally surprised."

The rumors began circulating Monday when Middleton stepped out with her new ring.

>> Click here to see the photo

The palace has yet to comment on the engagement.