Media Advisory - Podolinsky Equipment to host unreserved Ritchie Bros. agricultural auction in Petrolia, ON



    PETROLIA, ON, Dec. 12 /CNW/ - On December 14, 2007, Ritchie Bros.
Auctioneers - the world's largest industrial auction company - will conduct an
unreserved agricultural equipment auction at Podolinsky Equipment Ltd., a John
Deere dealership located in Petrolia, Ontario. Almost 180 equipment items will
be sold to the highest bidders on auction day, including late model MWFD and
2WD tractors, headers, balers, mowers and seeding equipment from John Deere
and other manufacturers. The public auction will be completely unreserved,
meaning there are no minimum bids and no reserve prices; every item sells to
the highest bidder on auction day, regardless of price.

    
    WHO?      Ritchie Bros. Auctioneers - the world's largest
              auctioneer of industrial equipment - will conduct an
              unreserved public auction for Podolinsky Equipment and
              other owners

    WHAT?     An unreserved public auction featuring almost 180
              agricultural equipment items, including late model MWFD
              and 2WD tractors, headers, balers, mowers and seeding
              equipment

    WHERE?    Podolinsky Equipment, 6057 Petrolia Line, Petrolia,
              Ontario. Sale site tel: 519-844-2054

    WHEN?     The auction starts at 11 a.m. on Friday,
              December 14, 2007

    HOW?      A Ritchie Bros. unreserved auction is a fast-paced,
              exciting event. Mobile equipment moves over an elevated
              ramp in front of the seated crowd while interested
              buyers competitively bid on the items. Bids are also
              placed over the internet, live and in real time, using
              the Ritchie Bros. online bidding service,
              rbauctionBid-Live. Every Ritchie Bros. auction is
              completely unreserved, meaning there are no minimum
              bids and no reserve prices - every item is sold to the
              highest bidder on auction day, regardless of price.
    

    About Ritchie Bros.

    Ritchie Bros. is the world's largest auctioneer of industrial equipment,
operating through over 110 locations in more than 25 countries around the
world. The Company 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, material handling,
mining, forestry, petroleum, marine, real estate, and agricultural industries.
The Company maintains a web site at www.rbauction.com.





For further information:

For further information: about the auction contact: Kim Schulz,
Corporate Communications Manager, Ritchie Bros. Auctioneers, Head Office, Tel:
(604) 304-3830, 1-800-663-8457, email: kschulz@rbauction.com; Or Brian
Dykstra, Area Manager, Ritchie Bros. Auctioneers, Tel: (905) 857-2422


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