I am embarrassed but happy: Paltrow on Beautiful Woman title

Los Angeles: Reacting to her new title of `World`s Most Beautiful Woman`, actress Gwyneth Paltrow says she is embarrassed but very happy.

The 40-year-old actress was named as the most beautiful woman in the world by People magazine, reported E! online. "Oh, lord. It`s very sweet and I`m so embarrassed, but I`m so happy. It`s so weird. It`s crazy. It`s very sweet. I`m so flattered. I`m thrilled. It`s like the American version of a knighthood basically. My title just got longer," Paltrow said. Other stars who have made to this year`s list include Jennifer Lawrence, Halle Berry, Drew Barrymore, Kerry Washington, Jane Fonda, Amanda Seyfried, Zooey Deschanel, Kelly Rowland, Pink among others. PTI