Britney Spears will hold a press conference on May 4th at the LA Convention Centre for record executives and exclusive selected media.

Sources say Britney will annouce her pregnancy officially and relationship status with current husband Kevin Federline, 28; the couple haven’t been seen together for weeks. “Britney hasn’t held a press conference in so long that we know its something big, pregnancy, a split, we’re not sure” says Karen Phillips from Sony/BMG. Pictures have recently surfaced of Britney in a red bikini showing a round stomach that is definitley bigger than before. Spears who has been keeping quiet and when going out wearing large flowing dresses and tops to hide her stomach will face a huge media flock if a split or pregnancy is announced. Spears and Federline tied the knot in September 2004 and have already one child together Sean who is close to 8 months old. Jive Records and Britney’s management were allegedly planning to release her 5th Album in November this year and a world tour was being drawn up for early 2007; Spears was also due to perform at numerous award shows this year but has since pulled out of the commitments due to an unexplained reason.

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