Rockwell Announces Appointment of New Chief Financial Officer

    VANCOUVER, Oct. 20 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the
"Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) announces the appointment of
Desmond Morgan as its new Chief Financial Officer. Mr Morgan replaces
Dominique de la Roche, who has resigned as Chief Financial Officer and
Director and will be leaving the Company at the end of October to pursue other
    Desmond Morgan is a Chartered Accountant with an Honours Degree in
Accounting Sciences from the University of South Africa (UNISA). He completed
his articles at Price Waterhouse, and subsequently worked for Dorbyl Ltd,
developing the Automotive Aftermarket division. Thereafter he joined the
Modern Africa Fund Managers LLC, an equity fund operating in Sub Sahara Africa
north of the Limpopo River Province in association with the Overseas Private
Investment Corporation of the US Government.
    As an independent contractor over the last seven years, he has completed
projects with UCAR Ltd (Graf Tech International), Anglo Gold Ashanti on the
Mponeng and Tau Tona mines, Barclays Bank (Zambia), Barrick Gold (Tanzania),
and the Gauteng Shared Service Centre.
    Mr Morgan has extensive high level and operational financial management
and accounting experience in mining, manufacturing, communications, finance,
mergers and acquisitions, and corporate environments. This has included
reporting to investors in the USA, the UK and Europe, and meeting the required
international reporting standards in these jurisdictions, and managing
projects and portfolios in Kenya, Tanzania, Uganda, Ghana, Ivory Coast and
    President and CEO John Bristow said, "The appointment of Desmond Morgan
adds invaluable experience to our recently expanded financial management team.
He also provides operational experience which will be of benefit to the
Company in its drive to expand its South African operations and growth
footprint and, in due course, acquire and consolidate production-focused
projects and companies in other parts of southern and central Africa.
    On behalf of the Board, I would also like to express our appreciation of
the important role played by Mr de la Roche during his tenure as CFO and
director and we all wish him well in his new ventures."

    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". Other than statements of historical fact all
statements in this release that address future production, reserve or resource
potential, exploration drilling, exploitation activities and events or
developments that each Company expects are forward-looking statements.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices, exploitation and
exploration successes, changes in and the effect of government policies
regarding mining and natural resource exploration and exploitation,
availability of capital and financing, geopolitical uncertainty and political
and economic instability, and general economic, and market or business
conditions. Investors are cautioned that any such statements are not
guarantees of future performance and that actual results or developments may
differ materially from those projected in the forward-looking statements. For
more information on Rockwell, Investors should review Rockwell's annual Form
20-F filing with the United States Securities and Exchange Commission and the Company's home jurisdiction filings that are available at

For further information:

For further information: on Rockwell Diamonds Inc., please visit the
Company's website at or contact Investor Services at
(604) 684-6365 or within North America at 1-800-667-2114

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