BY MARY GREEN

Friday April 13, 2012 03:45 PM EDT

Break out the champagne – Brad Pitt and Angelina Jolie are engaged – officially!

"Yes, it's confirmed," Pitt's manager Cynthia Pett-Dante tells PEOPLE. "It is a promise for the future and their kids are very happy. There’s no date set at this time."

Jeweler Robert Procop designed Jolie's engagement ring in collaboration with Pitt.

Jolie, 36, and Pitt, 48, have been together since 2005, and rumors that they planned to marry have circulated for years.

PHOTOS: Brad & Angelina's Globe-trotting Family

The chatter intensified earlier this year when Pitt told CBS News that they were "getting a lot of pressure from the kids."

The couple have six children together: Maddox, 10, Pax, 8, Zahara, 7, Shiloh, 5, and twins Knox and Viv, 3.

Jeez, never realised there was a 12 yr gap...Angelina looks older than him at times lmao

not sure about this news tho....someting seems off as of lately

They only got engaged?? Didn't he cheat with Angelina on Jennifer A. a few years ago already and have fathered several adopted children across the globe??

Finally!!! lol

Lol...they just got engaged??

Well that took long enough!

Nice! Congrats to them. They did their 7 years, then got engaged......smart move, especially in Hollywood! Great for the kids too.

+1 love love BradAngelina

You're right. I didn't think of it that way. Happy for them

It's about time!! Haha happy for them

Good for them, but knowing their pace, it'll be another seven years before the actual wedding.

Congrats then!

This couple annoys the shit out of me. Brad on his own is good, but with that annoying mess Angelina next to him I CANT