Avino Silver & Gold Mines Ltd. (“Avino” or the“Company”) announces that it has obtained disinterested shareholders’approval to re-price 1,480,000 previously granted incentive stock options toinsiders to a price of $1.02 per share. The incentive stock options hadoriginally been granted at various prices of $2.30 and $2.00 per share.

In addition, the Company also wishes to re-price 245,000 previously grantedincentive stock options to employees and consultants to a price of $1.02 pershare. The original prices of these incentive stock options were granted at variousprices of $2.30 and $2.00 per share.

The foregoing is subject to acceptance of the TSX Venture Exchange.

About Avino

Founded in 1968, Avino’s mission is to create shareholder value throughprofitable organic growth at the historic Avino property near Durango, Mexico.We are committed to managing all business activities in an environmentallyresponsible and cost-effective manner while contributing to the well-being ofthe community in which we operate.

ON BEHALF OF THE BOARD

“David Wolfin”
______________________________
David Wolfin
President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that termis defined in the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.

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