News Release of The Howard Group's Client

16:15 EST Wednesday, January 21, 2009

FSC / Press Release

Anglo Swiss Resources Inc. Announces Financing

Vancouver, British Columbia CANADA, January 21, 2009 /FSC/ - Anglo Swiss Resources Inc. (ASW - TSX Venture, ASWRF - OTCBB, AMO - FWB), announced today that it intends to complete the following non-brokered private placements, subject to receipt of all applicable regulatory approvals:

(i) up to 7,000,000 units ("Units") of Anglo Swiss at a price of $0.10 per Unit for total gross proceeds of up to $700,000, each Unit consisting of one common share and one common share purchase warrant of Anglo Swiss, each whole warrant entitling the holder thereof to acquire one common share of Anglo Swiss at a price of $0.15 per share for a period of 24 months from the closing of the private placement.

All securities issuable under this private placement will be subject to a hold period under Canadian securities laws of four months and one day from the closing date.

Anglo Swiss intends to use the proceeds from the private placement to fund further exploration on its wholly-owned Kenville Gold Property, to fund the refurbishment of Anglo Swiss' Kenville Mill, as well as for general working capital purposes

Anglo Swiss is actively exploring and drilling its 100% owned, advanced staged Kenville Gold Property located in southeastern British Columbia with the goal of developing a world-class porphyry copper and gold deposit. The Company is also in the process of exploring a diamondiferous bearing kimberlite property, known as the Fry Inlet Diamond Property, located in the Lac de Gras region of Canada's Northwest Territories in which it has the right to earn up to a 60% interest pursuant to an option and joint venture agreement with New Shoshoni Ventures Ltd.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.