Large selection of equipment and real estate to be sold in upcoming unreserved Ritchie Bros. auction in Edmonton



    "Equipment auction" will also interest consumers due to wide variety.

    EDMONTON, April 15 /CNW/ - More than 3,500 equipment and real estate
items will be sold to the highest bidders at an unreserved Ritchie Bros.
Auctioneers public auction being held at the Company's permanent auction site
in Nisku (Edmonton), Alberta from Tuesday April 28 to Thursday, April 30,
2009. The public auction starts each day at 8am local time and features a
large selection of equipment from more than 350 consignors as well as
residential and agricultural properties located in Saskatchewan, Alberta and
British Columbia.
    "This auction includes one of the best lineups of late-model equipment
that we've seen in quite some time," said Jake Lawson, Ritchie Bros. Regional
Manager. "There is a variety of equipment for the oil and gas, construction,
agricultural and transportation industries, as well as a good selection of
real estate, all of which will be sold to the highest bidders on auction day,
regardless of price."
    The auction includes more than 100 hydraulic excavators, 85 crawler
tractors, 60 motor scrapers, 45 motor graders, 45 wheel loaders, and a variety
of transportation and agricultural equipment, including more than 90 truck
tractors, and 45 agricultural tractors. The sale also includes consumer items,
such as a helicopter, electric golf carts, exercise equipment, a fifth wheel
trailer, recreational vehicles and pickup trucks.
    "There really is something for everyone at this auction," adds Lawson.
    The real estate is being sold during Day Two (April 29, 2009) of the
Edmonton auction includes:

    
    - A 1,211+/- sq ft, two-bedroom penthouse suite with ocean and mountain
      views in the Trumpeter's Landing development in
      Courtenay, British Columbia

    - (8) 19+/- acre residential acreage lots & (2) 80+/- acre parcels of
      farmland in Estevan, Saskatchewan

    - 160+/- acres of farmland with river frontage in SK/RM Torch River
      No.488 in Nipawin, Saskatchewan

    - 3 residential lots in Forestburg, Alberta
    

    The three-day unreserved auction is being held at the Ritchie Bros.
auction site in Edmonton (1500 Sparrow Drive, Nisku). Interested bidders can
bid in-person at the Edmonton auction site, or live and in real time via the
internet, or can place a proxy bid (call the auction site for more
information). The Company is also holding a live auction simulcast for the
selling of the properties at the Days Inn (Taylorton Room) at 1305 9th Street
in Estevan, SK on Day Two of the auction.
    Like all Ritchie Bros. public auctions, the auction will be completely
unreserved-meaning there are no minimum bids or reserve prices. Everything
sells to the highest bidders on auction day, regardless of price. Registration
is free. Further details about the auction, including photos of real estate
and equipment, are available at www.rbauction.com. For more information about
the real estate in the auction, contact Ellen Engelsbel, Ritchie Bros.
Auctioneers, 1.800.663.8457.

    About Ritchie Bros.

    Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the
world's largest industrial auctioneer, selling more equipment to on-site and
online bidders than any other company in the world. The Company has over 110
locations in more than 25 countries, including 38 auction sites worldwide.
Ritchie Bros. sells, through unreserved public auctions, a broad range of used
and unused industrial assets, including equipment, trucks and other assets
utilized in the construction, transportation, agricultural, material handling,
mining, forestry, petroleum and marine industries. The Company maintains a web
site at www.rbauction.com and sponsors an equipment wiki at
www.RitchieWiki.com.





For further information:

For further information: Jake Lawson, Regional Manager, Ritchie Bros.
Auctioneers, Phone (780) 955-2486; Kim Schulz, Corporate Communications
Manager, Ritchie Bros. Auctioneers, Phone (604) 788-5379, or email
kschulz@rbauction.com


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