Matthew McConaughey and Camila Alves expecting baby No. 3

LOS ANGELES, CA - JUNE 24: Actor Matthew McConaughey and wife Camila McConaughey arrive at the closing night gala premiere of 'Magic Mike' at the 2012 Los Angeles Film Festiva held at Regal Cinemas L.A. Live on June 24, 2012 in Los Angeles, California. (Photo by Jason Merritt/Getty Images) Jason Merritt

Matthew McConaughey and Camila Alves arrive at the closing night gala premiere of "Magic Mike" on June 24, 2012, in Los Angeles.
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(CBS News) Matthew McConaughey and Camila Alves have a baby on the way.

The couple, who tied the knot last month, announced the news on Twitter.

Pictures: Celebrity baby bumps

The 42-year-old "Magic Mike" star and the 29-year-old model already have two children: 2-year-old daughter Vida, and 4-year-old son Levi.

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