SUNSTONE METALS LTD — Remuneration Information 2010

Aug 18, 2010

==> picture [454 x 86] intentionally omitted <==

ASX/Media Release 19 August 2010

MANAGING DIRECTOR REMUNERATION PACKAGE

Following the appointment of Mr Andrew Munckton to the position of Managing Director, Avalon Minerals Ltd (“Avalon” or “the Company”) advises the following remuneration package details:

• Annual salary package of $272,500 inclusive of superannuation;

• 500,000 employee options exercisable at 30 cents, vesting on 1 February 2011 subject to ongoing employment as at this date and expiring on 31 January 2013;

• 1,000,000 employee options exercisable at 40 cents, vesting on 1 February 2012 subject to ongoing employment as at this date and expiring on 31 January 2014.

– ENDS –

Released by: On behalf of: Nicholas Read Mr David McSweeney Read Corporate Chairman Telephone: +61 (0)8 9388 1474 Avalon Minerals Limited

==> picture [124 x 322] intentionally omitted <==

----- Start of picture text ----- Avalon Minerals LtdACN 123 184 412PO Box 165West Perth WA 6872Telephone:+61 8 9322 2752Mobile:04 3563 5598Email:andrew.munckton@avalonminerals.com.auWeb:www.avalonminerals.com.auASX Code: AVIDirectorsDavid McSweeney(Executive Chairman)Andrew Munckton(Managing Director)----- End of picture text -----

Tan Sri Abu Sahid Mohamed (Non-Executive Director) Stephen Stone (Non-Executive Director) Gary Steinepreis (Non-Executive Director)