News Release of The Howard Group's Client

16:00 EDT Friday, March 20, 2009

FSC / Press Release

Anglo Swiss Completes Final Tranche Private Placement

Not For Distribution to United States Newswire Services or for Dissemination in The United States

Vancouver, British Columbia CANADA, March 20, 2009 /FSC/ - Anglo Swiss Resources Inc. (ASW - TSX Venture, ASWRF - OTCBB, AMO - FWB), announced today that it has completed the final tranche of a private placement of 2,030,000 units ("Units") of Anglo Swiss at a price of $0.10 per Unit for gross proceeds of $203,000 of a non-brokered private placement announced January 22, 2009. Each Unit consisted 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 on or before March 17, 2011 at a price of $0.15 per share. The common shares issued will be restricted for trading until July 18, 2009.

Anglo Swiss intends to use the proceeds from the private placement for general working capital purposes. All of the securities issued by Anglo Swiss pursuant to the private placements are subject to a four-month hold period under Canadian securities laws and are subject to restrictions on resale prior to June 3, 2009.

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.