This Just In: Britney has lost custody of both of her kids.

ET confirms that BRITNEY SPEARS will lose physical custody of her two boys as of this Wednesday at 12 p.m.

Today's ruling states: "Respondent's oral motion pursuant to section 214FC is granted and the matter proceeds as a closed hearing. The court and all parties present confer on the record that the court makes its order as fully reflected in the notes of the official court reporter. The court's prior order including the orders made on September 28, 2007 remain in full force and effect with the following modification: Respondent is to retain physical custody of the minor children on Wednesday October 3rd, 2007 at 12 PM until further order of the Court. Respondent's ex-parte application is noticed for October 3, 2007 at 1:30 PM in Department 88."