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Industry and Information Bulletins

Don Bubar Goes "Beyond the Press Release" to discuss the recent news on the Thor Lake Project & Mining Industry TV Feature is now available on the internet

October 29, 2008

Dear Shareholder:

In our ongoing efforts to provide you with broader communications we would like to present to you the latest installment of "Beyond the Press Release" featuring Avalon's President Don Bubar.

In this interview, Mr. Bubar discusses the significance of the latest press release issued on October 21, 2008, which updated the Progress on drilling results, resource estimates, environmental and metallurgical studies for the Lake Zone REE deposit, Thor Lake, NWT.

Mr Bubar also comments on how Avalon is being impacted by the recent turmoil in the world financial markets.

The interview can be heard at the following address:

http://www.agoracom.com/featurewebcast/AVLbtpr1008/player.html

Mining Industry TV

Avalon Ventures was recently profiled on Mining Industry TV. The program is seen throughout Canada on the Global TV Network and in the Las Vegas area on COX 48.

The program, in which Avalon Ventures is profiled first, can be seen at the following link:

http://www.miningindustrytv.com/videos/view/2981

If you have any questions about the BTPR interview or the Mining Industry TV feature, please do not hesitate to post your comments or questions on the company's official investor relations site at:

http://www.agoracom.com/IR/Avalon

Or by email at AVL@agoracom.com.

Regards,

AGORACOM Investor Relations