Attention Business Editors

VANCOUVER, May 29 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the

"Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) today announced the delayed

filing of the Company's financial statements for the year ended February 28,

2009, including the related management discussion and analysis, annual

information form and CEO and CFO certifications (collectively, the "Required

Documents").

Management and the Audit Committee concur with the Company's auditors

that the Company will be unable to file the Required Documents before the

required deadline primarily because of an apparent material breakdown in the

Company's internal controls, which in management's view are related in part to

changes arising over the last approximately six months including a change of

the Company's Chief Financial Officer, change of year-end and change of

auditors.

The Company is working diligently with its accounting staff and its

auditors to address the issues raised by the auditors and anticipates that it

will be in a position to file the Required Documents on or before June 26,

2009.

In the interim, the Company will apply to the applicable securities

regulatory authorities for a management cease trade order related to the

Company's securities to be imposed against some or all of the persons who are

or have been directors, officers or insiders of the Company for so long as the

Required Documents are not filed. If granted, a management cease trade order

would not generally affect the ability of persons who have not been directors,

officers or insiders of the Company to trade the securities of the Company.

However, the applicable securities regulatory authorities, in their

discretion, may determine that it would be appropriate to issue a general

issuer cease trade order which would prohibit trading of the Company's

securities.

Until the Required Documents are filed, the Company intends to provide

information in accordance with National Policy 12-203 Cease Trade Orders for

Continuous Disclosure Defaults.

<<

John Bristow

President and CEO

No regulatory authority has approved or disapproved the information

contained in this news release.

-30-

/For further information: on Rockwell Diamonds Inc., please visit the

Company's website at www.rockwelldiamonds.com or contact Investor Services at

(604) 684-6365 or within North America at 1-800-667-2114/