Giuliana Rancic is having a baby boy.

The E! News anchor and her husband Bill are currently expecting their first child via a gestational carrier and the happy couple have revealed they will be welcoming a son into the world later this year.

"We are beyond excited to be having a little boy. We are so ready for everything that comes with being a new mom and dad!" Bill said.

Giuliana - who underwent a double mastectomy after being diagnosed with breast cancer last year - added, "We just can't wait!"

The 37-year-old presenter shared the happy news with family and friends at a baby shower in Los Angeles yesterday. Giuliana recently spoke out about the couple's surrogate, revealing she was impressed by her honesty: "If I was her going into an interview with a couple, I would try to be little Miss Perfect. But she was so honest. She's like, 'Yeah, I dye my hair. Sometimes I drink soda, and sometimes I like coffee.' It blew me off-guard because I thought that she was going to be so perfect with her answers. I love that she was honest. It made me understand that the important stuff is what I should be listening for, and that's when I knew she was the one."