Princess Charlene and Prince Albert of Monaco
Asadorian-Mejia/Splash News Online
05/30/2014 at 12:00 PM EDT
There's another royal baby on the way.
of Monaco is expecting her first baby, the palace has announced.
The baby is due to be born toward the end of the year.
This will be the first child for former Olympic swimmer Charlene, 36, who wed
Prince Albert, 56, in 2011.
Albert has two other children from previous relationships: daughter Jazmin Grace Grimaldi, 12, and son Alexandre Coste, 10.
In a statement, the palace of Monaco said: "T.S.H. the Prince and the Princess of Monaco are delighted to announce the pregnancy of H.S.H. Princess Charlene. The birth is expected at the end of the year."