Puget Ventures - A New Strategic Metals Player Emerges - TSX-V:PVS

PUGET VENTURES INC. RETAINS INVESTOR RELATIONS SERVICES

May 29, 2008

Vancouver -- Thursday, May 29, 2008- Puget Ventures Inc. (TSXV:PVS) is pleased to announce that it has retained Contact Financial Corporation to provide investor relations services to the Company, effective June 1, 2008. Contact will be paid $8,000 per month and will also receive 150,000 incentive stock options at an exercise price of $0.75 per share. The options are valid for five years and will vest quarterly over a period of 12 months, pursuant to Puget's stock option plan and the rules of the TSX Venture Exchange.

Contact Financial is a Vancouver-based investor relations firm that enhances communication between clients and their existing shareholders and also introduces potential new shareholders, both retail and professional.

Puget Ventures Inc. is focussed on the acquisition and exploration of base metals properties in Ontario, Canada. Puget has recently completed the option of Trout Bay, a property owned by Red Lake Mines/Goldcorp Inc. in the Red Lake camp in North Western Ontario, with exploration expected to commence in Summer of 2008.

For Further Information Please Contact:

Erin Airton, President
info@pugetventures.com
Tel: 604-601-8526

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.