Sandra Bullock & Jesse James: We're Not Expecting

Thursday November 30, 2006 08:15 PM EST

Bullock and James

Lucy Nicholson/REUTERS

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Sandra Bullock is many things – wife, big-screen superstar, part-time Texan – but she's definitely not pregnant, according to her rep.

The actress and husband Jesse James are laughing off rumors that they're expecting a child, saying in a statement to PEOPLE: "We are not with child, but we are pregnant with ideas."

Meanwhile, Bullock, 42, and James, 37, have been keeping busy with other endeavors: Earlier this month the couple (who married in July 2005) celebrated the opening of Bullock's first restaurant, an upscale eatery called Bess in Austin, where they have a home.

Bess's executive chef, Brenton Childs, told PEOPLE that the actress "loves food, wine and being with friends."