Drew Barrymore has revealed she and husband Will Kopelman are expecting another baby girl.

The actress made the announcement on Wednesday at the 2013 Beauty Inc Awards where she accepted the award for "Newcomer of the Year: Mass" award for her brand FLOWER.

During her speech, she confirmed that her daughter, Olive, who is 14 months old, will be a big sister. 

"Thank you to WWD Beauty Inc for awarding FLOWER Beauty," she said, according to Us Weekly. "I am so proud to accept this in celebration of women, including my daughter and my future daughter."

Barrymore was accompanied by her husband, Kopelman, sister-in-law Jill and in-laws Coco and Arie Kopelman/ Her father-in-law, who is the former chairman of Chanel, has nicknamed the unborn baby girl "Chanel No. 5" because she will be his fifth grandchild.

Barrymore recently gushed to People magazine about how excited she was to be expecting her second child. 

"I'm feeling very, very happy. Happy and healthy - mentally and physically," Barrymore said. "When I found out I was overjoyed. It always feels so surreal, it's incredible. [I'm feeling] incredible, that 'Here we go again' feeling. And blessed. Blessed!"

Back in October, she revealed to Jay Leno that she wanted a second child "very much."

"I grew up as an only child, and although that really works for some people and for some parents that's the way they want to do it," she told the late-night host.

Barrymore and Kopelman have yet to reveal what they will name their daughter.