Former glamor model Katie Price is set to wed for a third time.

The British reality TV star-turned-businesswoman is engaged to Argentinian model Leandro Penna following a romantic skiing break.

A representative for Price says, "It's true - they are engaged. Leandro proposed to Katie while they were away skiing recently - and she said yes. They told her children but had intended to keep it secret for a while.

"No wedding arrangements have been made and they are both quite relaxed about that for the time being."

The model took to her Twitter page after the announcement, writing, "Woooo hoooo so excited."

The pair met in early 2011 at Elton John's Oscars party in Los Angeles, just months after Price split from her second husband, cage fighter Alex Reid.

They broke up after 12 months of marriage. Price was previously wed to Australian singer Peter Andre for four years, until their split in 2009. The former couple has two children together.