Ritchie Bros. Auctioneers declares quarterly dividend

VANCOUVER, Jan. 25 /CNW/ - Ritchie Bros. Auctioneers Incorporated (NYSE & TSX: RBA) today announced that its Board of Directors has declared a quarterly cash dividend of US$0.10 per common share payable on March 12, 2010 to shareholders of record on February 19, 2010. This dividend will be considered an eligible dividend for Canadian income tax purposes.

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 40 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.

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SOURCE Ritchie Bros. Auctioneers

For further information: For further information: Jeremy Black, Corporate Secretary, Ritchie Bros. Auctioneers, Tel: (778) 331-5500, Email: ir@rbauction.com


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