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Fri 5 Feb 2010, 7:06 RDI - Rockwell Provides Update On Timetable For Rights Offering
RDI
RDI                                                                             
RDI - Rockwell Provides Update On Timetable For Rights Offering                 
ROCKWELL DIAMONDS INCORPORATED                                                  
(A company incorporated in accordance with the laws of British Columbia, Canada)
(Incorporation number BCO354545)                                                
(Formerly Rockwell Ventures Inc.)                                               
(South African registration number: 2007/031582/10)                             
Share code on the JSE Limited: RDI    ISIN: CA77434W1032                        
Share code on the TSX: RDI   CUSIP Number: 77434W103                            
Share code on the OTCBB:   RDIAF                                                
ROCKWELL PROVIDES UPDATE ON TIMETABLE FOR RIGHTS OFFERING                       
February 5, 2010, Vancouver, B.C. - Rockwell Diamonds Inc. ("Rockwell" or the   
"Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) announces that the principal South
African regulatory authorities have settled on the relevant dates for the       
Company`s proposed rights offering, which are expected to be a record date of on
or about February 19, 2010 and an expiry date of on or about March 19, 2010.    
The Company seeks to utilize the same dates for the North American portion of   
the rights offering, but the final confirmation of such dates is subject to the 
Company receiving final approval of the rights offering circular from Canadian  
securities regulatory authorities.  The Company expects to receive such approval
later today, and it will issue a further update once such approval is received. 
For further information, please contact Investor Services at (604)684-6365 or   
within North America at 1-800-667-2114.                                         
John Bristow                                                                    
President and CEO                                                               
No regulatory authority has approved or disapproved the information contained in
this news release.                                                              
Forward Looking Statements                                                      
This release includes certain statements that may be deemed "forward-looking    
statements" or "forward-looking information" (together, referred to as "forward-
looking statements"), including statements related to Canadian securities       
regulatory approval of the final rights offering circular. Although Rockwell    
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, including the review and comments of the Canadian    
securities regulatory authorities to date, such statements are not guaranteed,  
and actual results may differ materially from those in the forward-looking      
statements.  Investors are cautioned that any such statements are not           
guarantees.                                                                     
Canada                                                                          
5 February 2010                                                                 
Sponsor                                                                         
Sasfin Capital (a division of Sasfin Bank)                                      
Date: 05/02/2010 07:06:04 Produced by the JSE SENS Department.                  
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