Investments of Pala Investments Holdings Limited in Rockwell Diamonds Inc.

    TORONTO, Feb. 12 /CNW/ - Pala Investments Holdings Limited ("PIHL")
announced today that further to its press release dated December 17, 2007 it
has subsequently come to PIHL's attention that the issued and outstanding
share number of Rockwell Diamonds Inc., ("Rockwell") is 223,620,614. The
issued and outstanding share number which PIHL based its ownership calculation
on was 257,734,174 shares which number was derived from publicly available
information with respect to Rockwell which has since been revised. Using the
corrected share number, the share ownership percentage would change from the
13.71% previously reported to the corrected percentage of 15.80%. In addition,
during the month of January, 2008, PIHL purchased an additional aggregate
1,922,400 common shares of Rockwell, representing an increase in ownership of
.86%. As of today's date, PIHL's percentage ownership in Rockwell is 16.66%.

For further information:

For further information: Jan Castro at 011-41-41-560-9070

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Pala Investments Holdings Limited

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