UPDATE: The Royal Family revealed on Monday in a statement: "Their Royal Highnesses The Duke and Duchess of Cambridge are delighted to confirm they are expecting a baby in July. The Duchess's condition continues to improve since her stay in hospital last month."
After much speculation and anticipation over the past year, the royal palace has confirmed that Prince William and Kate Middleton are expecting their first child.
An official statement issued Monday announcing the news reads: "The Queen, The Duke of Edinburgh, The Prince of Wales, The Duchess of Cornwall and Prince Harry and members of both families are delighted with the news."
The statement added that Kate was admitted to a London hospital on Monday to be treated for hyperemesis gravidarum, a more severe form of the nausea and vomiting that normally accompanies the early stages of pregnancy. The Palace said that William traveled with Kate to the hospital in a private car, not by ambulance, and he was spending time at his wife's side.
The statement adds: "Her Royal Highness is expected to stay in hospital for several days and will require a period of rest thereafter."
The couple's first child will be third in line to the British throne.