ADB Admiral Bay Resources Inc.

Admiral Bay Resources Inc. (TSX VENTURE:ADB) ("Admiral Bay" or the "Company") is
pleased to report record production and revenue for the third quarter ended
April 30, 2008. Record revenue and lower production costs and G&A expense gave
the Company its first ever quarterly positive EBITDA (Earnings before interest,
taxes, depreciation and amortization). Revenues (after royalties) were
$1,517,949, an increase of 47% from the prior period and 50% sequentially driven
by increases in production of 23% and 18% respectively and higher commodity
prices. Production (before royalty) averaged 2,535 mcfgpd compared to 2,085
mcfgpd in the prior period and 2,098 mcfgpd sequentially. Production costs were
$663,580 ($2.68/mcf), a decrease of 18% from the prior period and 29%
sequentially and G&A expense was $406,150 ($1.78/mcf), a decrease of 19% from
the prior period and 22% sequentially. EBITDA for the quarter was $448,219
compared to ($441,106) in the prior period and ($437,307) sequentially. Earnings
for the quarter were ($2,502,134) versus ($1,414,291) in the prior period due
primarily to the non-cash change in the mark-to-market of the Company's natural
gas hedges as well as higher amortization and interest costs.


President and CEO Steven Tedesco commented "The record third quarter results and
the turnaround in EBITDA highlight the progress we are making this year in
increasing production while decreasing production costs and G&A expense. It also
shows the viability of our Kansas CBM projects. We are continuing to increase
production while keeping costs contained to take advantage of the current
commodity price environment and aggressively grow the Company."


Complete financial statements and MD&A for the third quarter can be found at
www.admiralbay.com or www.sedar.com.


Admiral Bay Resources Inc. (www.admiralbay.com) is an emerging unconventional
gas production company focused on the development of projects in the Cherokee
Basin in southeast Kansas and the Appalachian Basin in Pennsylvania. Admiral Bay
is listed on the TSX Venture Exchange under the symbol ADB.


Statements in this release that are not historical facts are "forward-looking
statements" within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned that any such statements are not guarantees
of future performance and that actual developments or results may vary
materially from those in these "forward-looking statements".

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