Gwneyth Paltrow and Chris Martin have decided to separate after more than 10 years of marriage, they announced today on Paltrow's website.

In a heartfelt post they titled 'Conscious Uncoupling,' the A-list pair -- parents to 9-year-old Apple and 7-year-old Moses -- write:

"It is with hearts full of sadness that we have decided to separate. We have been working hard for well over a year, some of it together, some of it separated, to see what might have been possible between us, and we have come to the conclusion that while we love each other very much we will remain separate."

"We are, however, and always will be a family, and in many ways we are closer than we have ever been. We are parents first and foremost, to two incredibly wonderful children and we ask for their and our space and privacy to be respected at this difficult time. We have always conducted our relationship privately, and we hope that as we consciously uncouple and coparent, we will be able to continue in the same manner."

Paltrow and Martin married in December 2003 and just recently celebrated their 11th wedding anniversary together. In the wake of the separation, the two will be keeping busy: the actress currently stars on 'Glee,' while Martin is gearing up for the release of Coldplay's upcoming album, 'Ghost Stories.'

We wish them the best of luck during this difficult time.

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