Gwyneth Paltrow, Chris Martin announce they're separating

Gwyneth Paltrow and Chris Martin attend the third

Gwyneth Paltrow and Chris Martin attend the third annual Sean Penn & Friends Help Haiti Home Gala at the Montage Hotel in Beverly Hills, Calif, on Jan. 11, 2014. (Credit: AP / Colin Young-Wolff)

LOS ANGELES - Oscar-winner Gwyneth Paltrow and her husband Chris Martin, lead singer of Coldplay, Tuesday announced they were separating after more than 10 years of marriage.

"It is with hearts full of sadness that we have decided to separate," Paltrow, 41, and Martin, 37, posted on her lifestyle website, Goop.com. "We have been working hard for well over a year, some of it together, some of it separated, to see what might have been possible between us, and we have come to the conclusion that while we love each other very much, we will remain separate."

Paltrow, named People magazine's 2013 Most Beautiful Woman, and Martin married on Dec. 5, 2003, after nearly a year together.

They have two children, daughter Apple, 9, and son Moses, 7.

"We are, however, and always will be a family," they wrote in their post, titled "Conscious Uncoupling," "and in many ways we are closer than we have ever been. We are parents first and foremost, to two incredibly wonderful children and we ask for their and our space and privacy to be respected at this difficult time. We have always conducted our relationship privately, and we hope that as we consciously uncouple and coparent, we will be able to continue in the same manner."

Paltrow had told Glamour magazine's UK edition in its June 2013 issue that, "It's hard being married. You go through great times, you go through terrible times. We're the same as any couple."

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