Statement from Buckingham Palace

LONDON, England -- Here is the full statement on Princess Margaret's death from Buckingham Palace:

MORE STORIES • Princess Margaret dies, 71  • Margaret: A life of parties and duty  • Love story that gripped the world  • Death in a jubilee year  • Like Diana, a twinkle in her eye  • Britain mourns another princess     CNN.com Europe More news from our Europe edition   EXTRA INFORMATION Gallery: Princess Margaret's life in pictures

"The queen, with great sadness, has asked for the following announcement to be made immediately.

"Her beloved sister, Princess Margaret, died peacefully in her sleep this morning at 6.30am in the King Edward VII Hospital.

"Her children, Lord Linley and Lady Sarah Chatto, were at her side.

"Princess Margaret suffered a further stroke yesterday afternoon.

"She developed cardiac problems during the night and was taken from Kensington Palace to the King Edward VII Hospital at 2.30am.

"Lord Linley and Lady Sarah were with her and the queen was kept fully informed throughout the night.

"Queen Elizabeth, the Queen Mother, and other members of the royal family are being informed."