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As the world waits anxiously for the Duchess of Cambridge to give birth any day now, the palace has released more happy news in the world of royal offspring.

Zara Phillips, the granddaughter of Queen Elizabeth II, is pregnant with her first child with her husband, rugby star Mike Tindall.

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Phillips, 32, an Olympic equestrian, is due to give birth in 2014, Buckingham Palace officials confirmed Monday. She is the daughter of Princess Anne and Capt. Mark Phillips, who are said to be "delighted with the news," according to the palace.

Phillips' son or daughter, the baby's gender was not released, will be the 16 th in line to the British throne, according to the UK's The Telegraph. The latest royal baby will be just months younger than the first child for Phillips' cousin, Prince William, and his wife, Kate, the Duchess of Cambridge, who is due to give birth any day now.

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The cousins will likely grow up together as the two couples are frequent companions. In March, Kate and William, both 31, made a surprise appearance at Cheltenham Gold Cup Day, a horse racing event in Gloucestershire, where they spent time with Phillips and Tindall, the part-owner of a horse competing in the race.

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Phillips won a silver medal at the London Olympics last summer, where she was cheered on by William, Kate and Prince Harry.