Kate Hudson Flashes Her Engagement Ring on 'Regis and Kelly' (VIDEO)

Actress Kate Hudson flashed her engagement ring on 'Live With Regis and Kelly' (weekdays, syndicated). Last month, Hudson became engaged to Muse frontman Matt Bellamy, and she's got a stunning ring valued at $200,000 to prove it.

Kelly Ripa ogled Hudson's ring, a nine-carat sparkler with an emerald-cut diamond and two tapered baguettes. "That's a big, fat diamond!" Ripa said appreciatively.

Despite the engagement, Hudson said it's strange to think of Bellamy as her fiance. "It's weird to say 'fiance' to me. I like 'baby-daddy.' He'll be 'baby-daddy' until he's 'hubby,'" she said, stroking her pregnant belly. She and Bellamy are expecting their first child together later this year.