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Kate Husdon is very busy promoting her new film Something Borrowed, but is also taking her press junket as a chance to show off her new bling and talk about her fiancé Matt Bellamy!

The actress announced her engagement to the Muse frontman last week, and this morning she flashed her gorgeous engagement ring, reportedly valued at $200,000, on Live With Regis and Kelly.

OK! GALLERY: KATE HUDSON FLAUNTS HER BABY BUMP AT SOMETHING BORROWED L.A. PREMIERE

“That’s a big, fat diamond!” Kelly Ripa said as she admired the nine-carat rock, complete with two tapered baguettes, on Kate’s finger.

While the couple may be engaged, Kate also expressed that it’s bizarre to think of Matt as her fiancé.

“It’s weird to say ‘fiance’ to me. I like ‘baby-daddy.’ He’ll be ‘baby-daddy’ until he’s ‘hubby,’” she said, petting her baby bump.

The happy couple is expecting their first child together later this year!

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Catch Kate gush in the clip, via TV Squad, below!

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