The `Twilight Saga` star - who has daughters Luca, 14, Lola, nine and five-year-old Fiona with `Beverly Hills 90210` actress Jennie Garth - says the pair will remain dedicated to their family but is hoping for "privacy".

The couple said in a statement: "While we have decided to end our marriage, we both share the same deep love and devotion to our children. We remain dedicated to raising our beautiful daughters together. We ask for privacy and respect during this time."

Peter and Jennie first met on the set of TV movie `An Unfinished Affair` in 1996 and married five years later in 2001.

The 38-year-old actor is now best known for his appearance as Carlisle Cullen in the `Twilight` movies alongside Robert Pattinson and Kristen Stewart, while Jennie is most celebrated for her role as Kelly Taylor in `Beverly Hills 902010` and for coming fourth on `Dancing with the Stars` in 2007.

Peter will next be seen in `The Twilight Saga: Breaking Dawn - Part 2`.
sections: Celebrities