Paris Hilton Engaged to Greek Shipping Heir

UPDATED 05/30/2005 at 05:40 PM EDT Originally published 05/30/2005 at 05:00 PM EDT

Paris Hilton Engaged to Greek Shipping Heir
Paris Hilton and Paris Latsis
Matrix/Bauer-Griffin
Paris Hilton is engaged to her boyfriend of five months, Greek shipping heir Paris Latsis. Hilton’s spokesman, Rob Shuter, tells PEOPLE: “They are happy and excited.”

Latsis proposed on Wednesday, the day Hilton, 24, returned home to Los Angeles after a three-week trip to Europe, where she promoted her thriller House of Wax and her new fragrance.

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The couple celebrated Sunday with a barbecue for 75 friends and family at the Hollywood Hills home they share.

"I'm very in love – he's the one," Hilton told PEOPLE earlier this month. "I want to have kids in the next two years, because I know that completes your life."

No date has been set for the wedding. This will be the first marriage for both.

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