Troubled Peaches made the announcement yesterday, 156 days after tying the knot with rocker Max Drummey.
Devastated Max, 24, who thought 19-year- old Peaches was 'the one', has now moved out of their swish New York apartment. Pals say he won't demand a cash settlement.
Peaches, who jetted off on holiday this weekend, insisted her marriage was strong after our front page scoop in November.
But last night she said in a statement: "After much soul-searching we have made the mutual decision to end our marriage and have agreed to go our separate ways. Our parting is amicable and both of us still respect and care about each other immensely.
"There were no other people involved in this decision and we both look forward to a future as good friends."
A pal of the couple said: "Max is heart- broken. He has been through the mill in the last three months, but there is nothing he can do.
"Peaches is the boss. He thought their marriage was a long-term deal, but the reality is Peaches is not wife material at this stage in her life."
The couple wed in Las Vegas last August after a two-week road trip. Her dad Sir Bob Geldof, 57, was furious when he learned of the wedding, just minutes before his daughter walked down the aisle.

Three months later the News of the World revealed they were splitting. Peaches told pals: "I just don't fancy him anymore."
The next day she got her PR team to issue a statement saying: "They are still together and they are not divorcing."
Even two weeks ago Peaches bleated: "It may seem ridiculous, but we are really in love.
"We're really happy, and I hope we will be for a long, long time. I love him and he loves me." Friends have blamed Peaches' partying for the split as she enjoyed wild nights out leaving jealous Max at home.
Max begged his wife to spend Christmas with him in the States, but she flew home to be with her family in the UK. Also in December he failed to turn up for a party to launch her magazine venture Disappear Here at a Soho bar.
Days earlier drinkers watched the couple have a blazing row at a pub. Peaches stormed out screaming: "I'm bored of all this."
Dejected Max has been hanging out with his band Chester French, while Peaches is a regular on New York's party scene. A source close to Peaches, whose cocaine habit was exposed by the News of the World last year, said: "This is no surprise to anyone close to her.
"Max and she barely spent any time together at their New York pad, before he moved out.

"Peaches has formed a new crowd of pals, and loves clubbing and partying all the time.
"Max didn't like that scene, and Peaches didn't want him along with her anyway. He got very jealous when he heard about Peaches' wild behaviour-but she just ignored him.
"It caused rows and she kept telling us it was a mistake.
"Max says he won't pursue any money claims. He just wants to walk away from this disaster."
Athough Peaches was seen carrying bags out of her Brooklyn pad this week, friends say she isn't giving up on the US.
The pal added: "She plans to jet between New York and London."
This article has 11 comments
peaches now your single come and get me please babe
By richard. Posted February 10 2009 at 10:25 AM.
Bloody Peaches...what kind of stupid name is that? Geldof, you're an idiot. You shower this petulant little twit with money, instilling NO sense of personal responsibility, give her ZERO parenting, and PRESTO! FrankenPeaches.
By No Fan. Posted February 9 2009 at 6:47 PM.
what? married, divorced? she's only like....three!
By donz. Posted February 9 2009 at 3:00 PM.
this is just ridiculous a marriage is to be for life a commitment have children not for some wild child. grow up then you will learn you stupid cow she deserves all that is coming to her. what a waste of space to her.
By sarahtaylor. Posted February 8 2009 at 3:54 PM.
what a stupid and spoilt little brat too much money is given to her by her stupid dad she is not worth writing about
By jacqui. Posted February 8 2009 at 12:36 PM.
Oh Dear like we didnt see this coming, I love Bob Geldof and all that he has done and is doing but sadly his children are just a bunch of spoilt brats and Peaches seems to be an attention seeker aswell silly girl needs to grow up.
By Dirtybird. Posted February 8 2009 at 11:32 AM.
NO surprise there, silly little girl seeking publicity, she will grow up ONE day. Here,s hoping
By Chrissey. Posted February 8 2009 at 10:05 AM.
She is far too young and too immature for marriage, small wonder Sir Bob hit the roof, Let this be a lesson to you Peaches. Sort out your life, and stop behaving like your mother or your'll go the same way as her..
When Paula Yates did the Dirty on Sir Bob she lost the best thing she ever had in her life, and we all know what happened to her, listen to your father
Peaches, he is a wise and very knowlegdable man.
By lorna wanstall. Posted February 8 2009 at 10:07 AM.
Silly little cow. "He won't be asking for a settlement"??? Hello, she hasn't got anything anyway!
By Jay. Posted February 8 2009 at 6:55 AM.
TIME FOR PEACHES TO DISAPPEAR HERE.....
By suze. Posted February 8 2009 at 4:59 AM.
The girls comes from a priveliged background and shes act like a spoilt brat.Grow up Peache, get a proper job and dont live off your name.
By Phuket Whites. Posted February 8 2009 at 3:27 AM.