It's been a rough week for Britney Spears. First, news broke that Spears would be exiting the 'X Factor' judging panel, and now she and fiance Jason Trawick have officially confirmed their breakup to People magazine. 

In an official statement, Spears' rep Jeff Raymond explained their amicable split. "Britney Spears and Jason Trawick have mutually agreed to end their one-year engagement," Raymond said. "As two mature adults, they came to the difficult decision to go their separate ways while continuing to remain friends."

The 'Till the World Ends' songstress, 31, also released a statement, saying, "Jason and I have decided to call off our engagement. I'll always adore him and we will remain great friends."

Trawick, 41, also expressed warm sentiments towards Spears and her sons, Sean Preston and Jayden, ages 7 and 6, respectively. Trawick told People, "As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever."

Furthermore, TMZ has confirmed that Trawick has been removed as Brit's co-conservator, and her father, Jamie Spears, is solely responsible for his daughter's well-being.

Trawick and Spears began dating in 2009, and he popped the question on his 40th birthday in Dec. 2011.

It's sad to see this happen to Spears, but we're happy that she seems to be in a good spirits. Stay strong, Brit!

Watch the Britney Spears 'Criminal' Video