(Cover) - EN Showbiz - Julianne Hough is elated about Miley Cyrus' recent engagement to beau Liam Hemsworth.

The 22-year-old The Hunger Games actor proposed to the 19-year-old former Disney star last month, with the pair announcing their happy news this week.

Julianne, who is currently dating host Ryan Seacrest, has known Miley for years.

She can't wait to see Miley and Liam take their relationship to the next level.

"I am so happy for them," Julianne told OK! magazine. "They are going to make beautiful babies."

Liam popped the question with a 3.5 carat diamond ring designed by Neil Lane. The band is gold and boasts floral patterns cut into it, with small diamonds scattered throughout. The main stone is cushion cut and an antique.

"It was hand-cut around 1880 or 1890 and it's unique and in its original form," the designer told People. "At that time no two diamonds were alike, as they were all hand-cut, so it's fascinating to look at because it hasn't been re-cut to look contemporary over the years. I find that really romantic." (C) Cover Media