TORONTO, ONTARIO -- (MARKET WIRE) -- 07/11/2006 -- Absolut Resources Corp. (TSX VENTURE: ABS) announced today the election of Ms. Judy Baker MBA and Mr. Scott Jobin-Bevans PhD as directors at the Annual General Meeting on June 26, 2006.

Ms. Baker is VP Business Development & Investor Relations at Nevsun Resources Ltd. of Vancouver. Her prior experience includes Institutional Sales, Toll Cross Securities, Toronto, North American Business Manager, Quantec Geoscience, Toronto, and Resource Analyst, US Global Investors, San Antonio, Texas. Ms Baker has an MBA from University of Western Ontario, and an Honours B.Sc. in Geological Engineering, Mineral Resources Exploration from Queen's University.

Mr. Jobin-Bevans is Managing Director of Caracle Creek International Consulting of Sudbury. His prior experience includes VP Exploration for Pacific North West Capital Corp. Vancouver, and VP Exploration for Goldwright Explorations, Sudbury. Mr. Jobin-Bevans has a Ph.D. in Geology from University of Western Ontario, an M.Sc in Geology from University of Manitoba and a B.Sc. Honours Geology from the University of Manitoba.

The Board and management of Absolut wish to express its appreciation to Mr Patrick Anderson, President and CEO of Aurelian Resources Inc., who did not stand for re-election this year as a director of Absolut, for his service to the Corporation. Mr. Anderson was Chair of the Audit Committee.

Absolut also announces management changes. Mr. Rick Cleath, VP of Exploration has resigned and Mr. Paco Solano has been appointed General Manager, Peru. Mr. Solano has over 35 years experience in the Peruvian mining industry. Mr. Solano has a B.Sc in Geology and a M.Sc in Environmental Science from San Marcos University, Lima. His prior experience includes Chief of Exploration for Centromin, Operations Manager for Chavin Mines and Exploration Geologist at Minera Yanacocha. The Board and management wish to thank Mr. Cleath for his service to the Corporation.

Incentive stock options to purchase up to 150,000 common shares of Absolut have been granted to each of Ms. Baker and Mr. Jobin-Bevans. The options have an exercise price of $0.70 per share and will expire on June 30th, 2011. Any shares issued on the exercise of these stock options will be subject to a four month hold period commencing on the date of the grant of the options. The options vest as follows: 100,000 on December 31, 2006, and 50,000 on June 30, 2007.

This press release contains forward looking statements.

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