Kate Hudson's Engagement RingYesterday on the 'Today Show' Kate Hudson admitted to Matt Lauer that she was engaged to Muse rocker Matt Bellamy after he pointed out at a large rock on her ring finger.

Hudson told Lauer, "It just happened a week ago, I'm so glad you noticed. I haven't really announced it and I felt like the announcing thing feels so silly, and I was just waiting for someone to notice."

UsMagazine.com is reporting that a jewelry expert has revealed to them that Hudson's engagement ring is a platinum-set ring with an emerald-cut diamond and tapered baguettes on the side and is approximately nine carats in weight.

The estimated value of the ring is set to be $200,000.