Britney Spears, Jason Trawick Break Off Engagement

Just hours after Britney Spears confirmed that she would be leaving Fox's The X Factor, the pop princess had another big announcement.

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"Britney Spears and Jason Trawick have mutually agreed to end their one-year engagement," a rep for the singer told People. "As two mature adults, they came to the difficult decision to go their separate ways while continuing to remain friends."

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In April of last year, Trawick was named as Spears' co-conservator, giving him the authority to make decisions about her general well-being and career choices. On Friday, Trawick resigned from said duties, leaving Spears' father Jamie as her sole conservator.

"I will always adore him and we will remain great friends," said Spears, 31, in a statement. Added Trawick, 41: "As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever."

The former couple began dating in 2009 and became engaged on Trawick's 40th birthday in December 2011. The agent was a staple at X Factor tapings last year, where he was constantly by Spears' side when cameras weren't rolling.

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TMZ was first to report news of the split, citing growing apart as the cause of their breakup.

Spears was previously married to backup dancer Kevin Federline from 2004 to 2006. She has two children with Federline: Preston, 7, and Jayden, 6. In January of 2004, Spears wed childhood friend Jason Alexander in Las Vegas, but the marriage was annulled 55 hours later.

Following weeks of speculation, Spears also confirmed on Friday that she was exiting Simon Cowell's X Factor in order to "get back in the studio" and record new music.