RDI - Rockwell Diamonds Incorporated - Rockwell to file amended unaudited

RDI - Rockwell Diamonds Incorporated - Rockwell to file amended unaudited       
financial information for interim periods ending November 30, 2010              
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 TSXV: RDI   CUSIP Number: 77434W103                           
Share code on the OTCBB:      RDIAF                                             
("Rockwell")                                                                    
ROCKWELL TO FILE AMENDED UNAUDITED FINANCIAL INFORMATION                        
FOR INTERIM PERIODS ENDING NOVEMBER 30, 2010                                    
January 18 2011, Vancouver, BC - Rockwell Diamonds Inc. ("Rockwell" or the      
"Company") (TSXV: RDI; JSE: RDI; OTCBB: RDIAF) announces that it will file      
amended unaudited quarterly financial statements and Management Discussion and  
Analysis for the three and nine months ending November 30 2010.                 
The reason for the amendment is to eliminate contract mining fees of $5.3       
million previously included in both the Company`s revenue and cost of sales.    
Rockwell`s revenue for the three-month period is approximately $11.1 million and
cost of sales is approximately $5.9 million; for the nine-month period its      
revenue is approximately $31 million and cost of sales is approximately $17.7   
million.  Since both revenue and cost of sales have been reversed, there has    
been no change in Company`s bottom line loss reported for either period.        
For further information on Rockwell and its operations in South Africa, please  
contact:                                                                        
Stephanie Leclercq, Tielle Communications:                                      
Landline: +27 (0)11 884 9681                                                    
Mobile: +27 (0)83 307 7587                                                      
Email:rockwelldiamonds@tielle.co.za                                             
18 January 2011                                                                 
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 18/01/2011 17:00:01 Supplied by www.sharenet.co.za                     
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