Cameron Diaz and Gwyneth Paltrow
WENN.com

Just two days after Paltrow and Martin announced they separated, Diaz says the former couple made the right decision and are doing just fine.

“For both Chris and Gwyneth, I mean they worked really hard,” Diaz told E! News exclusively at CinemaCon in Las Vegas. “People want them to blow up and it to be ugly, but they’re kind, generous, loving people who really care about one another. Just because they don’t want to be a couple together, doesn’t mean that they have to hate one another. They are really good friends.”

Diaz continued, “They’ve made a conscious effort to separate the part of their lives they don’t want to live together anymore, and maintain a really beautiful, strong bond as parents and as friends…I think people should really honor that and they should admire it and they should respect it. They’ve done something really extraordinary and they’ve been very brave at presenting that to the public.”

Diaz added of her pal, “She’s doing great. They’re doing great.”

Pictured: Cameron Diaz and Gwyneth Paltrow at the Obama Victory Fund 2012 dinner at Mark’s club in London, England