Friday, March 11, 2011

Jessica Biel and Timberlake SPLIT!

Jessica Biel and Justin Timberlake are each back on the market -- because their relationship is positively OVER!... this according to a source close to the former couple.

The break-up was a pretty mutual decision ... and both parties still "love and respect each other."

The two had been dating since 2007. That's forever by Hollywood standards!

UPDATE: The couple's reps released a joint statement confirming the split -- and saying, "The two remain friends and continue to hold the highest level of love and respect for each other."

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