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Posted Tue, December 28, 2010 7:00pm EDT

Reese Witherspoon Engaged To Agent Jim Toth! Breaking News!

The Oscar winner and her new beau are set to walk down the aisle after almost a year of dating!

It looks like it was a very merry Christmas for Reese Witherspoon as the actress became engaged to beau Jim Toth! US Weekly spoke to the actress’ rep who said, “They are extremely happy.” Congratulations!

Reese, 34, began dating Jim in January of 2010 after her relationship with Jake Gyllenhaal fizzled out. The actress was previously married to actor Ryan Phillippe and has two children, Ava, 11, and Deacon, 7. This will be the first marriage for Jim, 40, an agent with CAA.

Reese recently wrapped the film This Means War alongside Chris Pine and Tom Hardy and her film How Do You Know is in theaters now.