Media Advisory - Multi-million dollar Ritchie Bros. Bolton auction to feature complete dispersals for local earthmoving companies

    BOLTON, ON, Dec. 7 /CNW/ - On December 11 & 12, 2007, Ritchie Bros.
Auctioneers, the world's largest industrial auction company, will sell close
to 2,500 heavy equipment items to the highest bidders at an unreserved auction
in Bolton (Toronto), Ontario. The multi-million dollar public auction features
complete dispersals for two local earthmoving and site grading companies, H.
Davis Equipment Rental Ltd. and D.V.C. Contracting, as well as equipment from
more than 260 other consignors. Among the equipment being sold: crawler
tractors, hydraulic excavators, wheel loaders, articulated dump trucks, motor
graders, motor scrapers and truck tractors.

    WHO?      Ritchie Bros. Auctioneers - the world's largest
              auctioneer of industrial equipment - will conduct an
              unreserved public auction for H. Davis Equipment Rental
              Ltd., D.V.C. Contracting and other owners

    WHAT?     An unreserved public auction featuring close to
              2,500 heavy equipment items for the earthmoving, site
              grading, construction, transportation and other
              industries. Construction equipment sells on Day One
              (December 11) and transportation equipment sells on Day
              Two (December 12).

    WHERE?    Ritchie Bros. auction site, 3 Manchester Court, Bolton,
              Ontario (directions below). Tel: 905-857-2422

    WHEN?     The auction starts at 8 a.m. on Tuesday, December 11
              and Wednesday, December 12, 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

    Directions to auction site from Pearson International Airport: Follow Hwy
427 north to Hwy 7. Go west 1.4 km to Regional Road 50 north. Proceed north on
RR 50 for approx 9.9 km. Turn left onto Mayfield Road. Travel for 1.3 km then
turn right on to Coleraine Dr. Travel north for 4.5 km to sale site (opposite
water tower).

For further information:

For further information: about the auction contact: Kim Schulz,
Corporate Communications Manager, Ritchie Bros. Auctioneers, Head Office, Tel:
(604) 304-3830 or 1-800-663-8457 or email; Brian
Dykstra, Area Manager, Ritchie Bros. Auctioneers, Auction Site Tel: (905)

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