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Prince William & Kate Middleton Celebrate Engagement; Show Off Princess Di's Ring

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Nov. 16 2010, Published 6:48 a.m. ET

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What's the thing everyone wants to see and read about after a high profile engagement like that of Prince William and Kate Middleton? The ring, of course! A spokesman for Prince Charles says that William has given his fiancée Kate the engagement ring that belonged to his late mother, Princess Diana, an 18-carat oval sapphire surrounded by diamonds.

OK! GALLERY: KATE MIDDLETON — BIKINI ROYALTY! PRINCE WILLIAM'S FIANCEE IS HOT!

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The happy couple posed for photographers today in the State Rooms of St James’s Palace, central London.

OK! GALLERY: KATE MIDDLETON'S PARENTS ARE "ABSOLUTELY DELIGHTED" PRINCE WILLIAM PROPOSED

As OK! previously reported, royal officials announced Tuesday that William and Kate will marry in the spring or summer of next year. It'll be the biggest royal wedding since Princess Di married Prince Charles in 1981.

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