Anglo Swiss Resources Inc.
OTC Bulletin Board : ASWRF

Anglo Swiss Resources Inc.

May 26, 2006 12:40 ET

Anglo Swiss Resources Retains Investor Relations

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 26, 2006) - Anglo Swiss Resources Inc. (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO) is pleased to report that it has appointed Barrie Field-Dyte as its new investor relations consultant, effective June 1, 2006. Mr. Field-Dyte has extensive experience within the securities industry and has strong knowledge with respect to the development of junior diamond exploration in the Northwest Territories of Canada as he previously had spent a number of years in an investor relations capacity with Mountain Province Diamonds Inc.

The corporation has entered into a 18-month consulting agreement with Mr. Field-Dyte to provide the company with investor relations services at a rate of $3,000 plus GST per month. Mr. Field-Dyte will be offering advice to management on a variety of issues, including the structuring of anticipated financings and he will offer services that include corporate communications, public relations and investor relations.

Mr. Field-Dyte has been granted 500,000 options, vesting quarterly over the next twelve months; exercisable at 12 cents per share during the term of the agreement. The transactions set out herein are subject to approval from the TSX Venture Exchange.

Anglo Swiss is an exploration company focused on locating diamond-bearing kimberlites in the Lac de Gras area, NWT, Canada. The Company's philosophy is to obtain majority ownership of under-explored areas with unexplained kimberlite indicator mineral trains ("KIM's") and/or kimberlite targets near known kimberlites and diamond mining operations. Anglo Swiss has acquired four projects which meet the acquisition criteria.

These four projects cover over 170,000 acres and are the probable source areas for numerous unresolved KIM trains and include a known diamondiferous kimberlite which warrants additional exploration.

In light of the close proximity to producing diamond mines, the presence of numerous diamondiferous kimberlites and KIM's, management is of the opinion that these properties are highly prospective for the further discovery of diamonds. Anglo Swiss will continue to evaluate other diamond properties within the Lac de Gras/Slave Craton area that meet its acquisition criteria.

On behalf of the Board,

Len Danard, President & CEO


The TSX Venture Exchange has not reviewed and does not accept reponsibility for the adequacy or accuracy of this release.

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