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Corporate Presentation - Avalon Rare Metals

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REE Distribution in the Basal<br />

Zone Ore Compared with Other<br />

REE Deposits<br />

100%<br />

90%<br />

80%<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

Mt Pass Baotou SichuanMtWeld NolansThorLake<br />

Value 9.9 11.4 10.5 13.6 14.2 22.1 US$/kg<br />

Based on fall, 2008 prices from metal-pages.com and criteria defined by Arafura Resources Limited<br />

SEGYT<br />

SmEuGdYTb<br />

Nd,Pr, Dy<br />

Ce,La<br />

TSX:AVL<br />

OTCQX:AVARF www.avalonraremetals.com 23

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