Baby # 3 On The Way for William & Kate!

Prince William and Princess Kate are expecting baby # 3!

Kensington Palace released a statement over the holiday weekend:

“Their Royal Highnesses The Duke and Duchess of Cambridge are very pleased to announce that The Duchess of Cambridge is expecting their third child

William and Kate are parents to 4-year-old Prince George and 2-year-old Princess Charlotte.

Palace officials say Kate, 35, is suffering from acute morning sickness, Hyperemesis Gravidarum.

The Princess is less than three months pregnant.