The statement reads, "Addressing the media speculation regarding Jessica Biel and Justin Timberlake's relationship, we are confirming that they mutually have decided to part ways. The two remain friends and continue to hold the highest level of love and respect for each other."
However, Timberlake and Biel do not have hard feelings against each other. They found it was time to move on and they broke up on mutual terms. Meanwhile, sources claim that Justin was recently spotted flirting with Black Swan star Mila Kunis. Will she be his next lady!