Hodgins Auctioneers - Operations Update

MELFORT, SK, March 23 /CNW/ - Hodgins Auctioneers Inc. (HA-TSX.V) ("Hodgins") is pleased to announce finalization of its Spring auction agenda. Hodgins has released its 38th Annual Spring Catalog with 28 Spring auctions scheduled, beginning March 24, 2011 and ending May 25, 2011.

Fifteen hybrid (live with online bidding), seven live (without online bidding) and six online-only auctions are scheduled for this Spring run of auctions. "We see clear evidence that our customers and clients are increasingly taking advantage of our online auction services," states President Barrie Jung.

Auctions are scheduled in the provinces of Alberta, Manitoba and Saskatchewan. "We are pleased with this year's lineup of Auctions," stated President Barrie Jung. The 2011 lineup includes a diverse grouping of equipment, including two large construction equipment dispersals, liquidation of a large industrial plant, as well as numerous agricultural closeout auctions.

About Hodgins Auctioneers Inc.
Headquartered in Melfort, SK for more than 50 years, Hodgins Auctioneers is a provider of professional auction services. Hodgins is renowned for its experienced Auctioneers, award-winning promotions, dependable results and commitment to providing the ultimate marketplace for the sale of assets by auction.

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

For further information:

Barrie Jung, President and CEO
Hodgins Auctioneers Inc.
Tel: 1-800-667-2075
Fax:(306) 752-5702
Email:barrie@hodginsauctioneers.com
Website: www.hodginsauctioneers.com