May 23, 2008 Rockwell Estimates Nine Month Earnings
May 23, 2008, Vancouver, BC -- Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) advises shareholders that earnings per share for the nine month period ending 29 February 2008, being the date the Company has changed its financial year end, is expected to show an estimated loss of approximately $0.05 per share. Basic and fully diluted per share loss figures will be included in the definitive statements. It should be noted that the historical results published in the prelisting statement dated 29 November 2007 was for the 12 months ended 31 May 2007, which was the original financial year end of the Company.
The financial information on which this trading statement is based has not been reviewed or reported on by the Company's auditors. The audited results for the financial year ended 29 February 2008 are expected to be published on or about 28 May 2008.
For further details 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.
John Bristow President and CEO
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