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While Justin Timberlake and Jessica Biel have yet to confirm they're actually engaged, this new photo pretty much does it for them -- check out that GIANT ring!

The two have been silent on engagement reports since they surfaced back in January and while Justin and Jessica have both been seen out, this is the first time we're actually seeing a sparkler on Jessica's finger.

Justin reportedly popped the question with the "custom-designed" ring while the two were on a vacation together in Montana.

Get a closer look at the bling in the gallery above -- and see how it stacks up against other celebrity engagement rings!

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