CAMERON DIAZ - DIAZ AND TIMBERLAKE TO MARRY

CAMERON DIAZ will reportedly wed boyfriend JUSTIN TIMBERLAKE, after she was spotted proudly showing off a glistening diamond engagement ring.

The CHARLIE'S ANGELS beauty was whisked to a posh Los Angeles eaterie by her CRY ME A RIVER hunk on Wednesday (05JAN05) to celebrate their good news with close pals.

And Diaz made no attempt to hide her expensive new accessory from the glare of pursuing paparazzi as she made her way into the restaurant.

The couple decided to take their relationship - which kicked off in April 2003 - to the next level over the festive period, according to British newspaper THE SUN.

A close pal says, "Justin and Cameron are really happy. They spent a lot of time together over the holidays and they decided the time was right to get engaged.

"Justin spent a fortune on the ring. Cameron was thrilled with it."

Despite only being seven days old, the new year (05) has already been crammed with celebrity marriage announcements - JUDE LAW and SIENNA MILLER got engaged on Christmas Day (25DEC04), while supermodel HEIDI KLUM accepted singer SEAL's romantic mountaintop proposal the day on 23 December (04).