is set to walk down the aisle again after getting engaged to boyfriend Leandro Penna
The glamour model, who only recently finalised her divorce
from Alex Reid
, showed off a sparkly, pink, heart-shaped diamond engagement ring while on a dinner date with the Argentinian model this week and last night she tweeted: "Wooo hooo so excited."
Katie's spokesman confirmed the news, telling The Sun: "It's true - they are engaged. Leandro proposed to Katie while they were away skiing recently - and she said yes. They told her children but had intended to keep it secret for a while.
"No wedding arrangements have been made and they are both relaxed about that for the time being."
Price and Penna first met at Elton John's Oscars party last year. The pair briefly separated before getting back together earlier this year.
Let's hope it's third time lucky for Katie.