stewartpenny.jpgLegendary rocker Rod Stewart and wife Penny Lancaster are having their second baby together.

Stewart, 65, and Lancaster, 39, have been together for the past 10 years, and this past June, celebrated their third wedding anniversary.

Stewart's rep released the following statement about the bun in the oven:

    "Penny and Rod were lucky enough to be celebrating more than just their third wedding anniversary in June, as the news came that Penny was pregnant with their second child."


Their son, Alastair, was born in 2005. Stewart has five kids from previous relationships ... Kimberly, 30; Sean, 29; Ruby, 23; Renee, 18, and Liam, 15.