The couple are celebrating

Zara Phillips is pregnant with her and husband Mike Tindall‘s first child.

Prince William‘s cousin, 32, and rugby player Mike, 34 – who got married in 2011 – are set to become parents early next year.

Mr and Mrs Mike Tindall are very pleased to announce that Zara Tindall is expecting a baby in the New Year,’ reads a Buckingham Palace statement.

‘The Princess Royal and Captain Mark Phillips, Mr Phillip and Mrs Linda Tindall and members of both families are delighted with the news.

‘This baby will be the first child for Mike and Zara and the third grandchild for the Princess Royal.’

The couple’s big news comes days before Kate Middleton is due to give birth to her and William‘s little boy or girl at London’s St Mary’s Hospital.

Zara won a silver medal at the London Olympics last year as part of Team GB‘s eventing team and it seems she’s planning to work through her pregnancy.

She competed at the Gatcombe Horse Trials on Saturday.

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Anna Duff