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'There's a lot of exciting stuff going on': Jimmy Kimmel announces wife Molly McNearey is pregnant... after he is named 2017 Oscars host

Published: 01:05 EST, 6 December 2016 | Updated: 11:23 EST, 6 December 2016

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2017 is going to be huge for Jimmy Kimmel.

The 49-year-old star was not only named the 2017 host of The Oscars but is also expecting another child with wife Molly McNearney.

He made the announcement on Monday's episode of Jimmy Kimmel Live! when opening up about his exciting new hosting gig as he said: 'Also, my wife, is hosting a baby inside her body. So that’s what’s coming.

Happy news: Jimmy Kimmel announced his wife Molly McNearney is pregnant on Monday's episode of his late night chat show

'We got the ultrasound — which is weird because it’s like you’re already spying on the baby — but we asked the technician not to tell us whether we’re having a boy or a girl. Our plan is to let the child decide for itself.'

The funnyman added that he and his 38-year-old screenwriter wife want to be surprised but he has been thinking of names for the child.

Jimmy explained: 'So far, I’ve come up with two: No. 1 Dyson after the vacuum or Gelatin with a J. No? That’s exactly what my wife said.

Bump: Molly showed off a neat bump as the couple headed to Hawaii for a family holiday last week

Happy family: The 49-year-old star and his 38-year-old screenwriter wife share an adorable two-year-old girl named Jane as they are pictured together in LA back in September

'So — there’s a lot of exciting stuff going on. Congratulations to me. I’m hosting the Oscars and I had sex. Two things as a teenage boy I never thought would be possible.'

The couple already share an adorable two-year-old girl named Jane. Kimmel has older children from his first marriage: son Kevin and daughter Katie.

This came just hours after The Hollywood Reporter revealed after much industry speculation that he would follow last year's host, Chris Rock.

It will be the first The Late Night With Jimmy Kimmel star has fronted the awards, although he has plenty of experience at hosting.

What a gig: It as also revealed on Monday that he will host The Oscars for the first time in February 2017

Kimmel has twice hosted the Emmys, the American Music Awards on five occasions, and even the ESPYS back in 2007.

He has also regularly fronted a Jimmy Kimmel Live: After the Oscars special, which aired immediately following the awards ceremony.

The producers of the 89th Academy Awards show were named last month as Michael De Luca and Jennifer Todd.

The Oscars will take place February 26 at the Dolby Theatre in Hollywood, California, and air live on ABC in the U.S.

Last year's show: The Chris Rock-hosted broadcast, marked by the OscarsSoWhite backlash, drew 34.4 million viewers, one of the show's smallest audiences in recent years