News Advisory - More than 4,100 lots to be sold at unreserved Ritchie Bros. real estate and equipment auction in Edmonton



    EDMONTON, Aug. 29 /CNW/ - More than 4,100 lots will be sold to the
highest bidders at a three-day unreserved real estate and equipment auction
being conducted by Ritchie Bros. Auctioneers in Edmonton, Alberta on September
5, 6 & 7, 2007. Ritchie Bros., the world's largest auctioneer of industrial
equipment, recently added a third day to accommodate the large number of lots
in the unreserved public auction at its permanent auction site in Nisku
(Edmonton).
    Among the equipment being sold: 57 unused 2007 Vanguard Bruiser portable
wellsites; a 2006 Cat D9T and close to 60 other crawler tractors; over 140
truck tractors; a 2004 Cat 777D rock truck; over a dozen combines; and a 2007
Fleetwood Discovery 40-foot RV. The auction also features a large selection of
real estate, including the high-profile Don Laing Tractor property in Ponoka,
AB; a nine-hole golf course and RV park west of Spruce Grove, AB; 12
recreational home sites in Nemeiben Lake, SK; and five industrial property
parcels in Entwistle, AB.

    
    WHO?    Ritchie Bros. Auctioneers - the world's largest
            auctioneer of industrial equipment - will sell real
            estate and equipment for close to 570 consignors

    WHAT?   A three-day unreserved real estate and industrial
            equipment auction featuring more than 4,100 lots

    WHERE?  1500 Sparrow Drive, Nisku, Alberta (see directions
            below). Call sale site at 780-955-2486

    WHEN?   The auction starts at:
            8:00 a.m. Wednesday, September 5, 2007
            8:00 a.m. Thursday, September 6, 2007
            8:00 a.m. Friday, September 7, 2007
            Note: real estate in the auction will sell on
            Thursday, September 6

    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 they
            competitively bid on the items. Real estate is sold by
            photo. Everything is sold by unreserved auction, meaning
            there are no minimum bids, no reserve prices and
            everything sells to the highest bidder on auction day.

    PHOTOS  There are photos for you to use with your articles at
            www.rbauction.com/media
    

    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.

    Directions to sale site from Edmonton International Airport:
    Follow Airport Road east for approximately 5km (beyond the
    highway overpass), and turn left (north) on Sparrow Drive. The
    auction site is 3km north on the left. Watch for auction signs.





For further information:

For further information: Brian Glenn, Regional Manager, Ritchie Bros.
Auctioneers, Sale Site Tel: (780) 955-2486 or Kim Schulz, Corporate
Communications Manager, Ritchie Bros. Auctioneers, Cell: (604) 788-5379 or
email: kschulz@rbauction.com


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