Photo credit: Flynet
The statement reads thusly: "It has always been our preference not to comment on the status of our relationship, but, out of respect for the time we've spent together, we feel compelled to do so now, in light of recent speculation and the number of inaccurate stories that are being reported by the media. We have, in fact, ended our romantic relationship and have done so mutually and as friends, with continued love and respect for one another." [Source, Source]
Now ... if we could just get confirmation on that pesky Is Justin dating Scarlet Johansson? rumor then we'll be all set.