Ritchie Bros. Auctioneers Files Annual Report on 40-F

    VANCOUVER, Feb. 25 /CNW/ - Ritchie Bros. Auctioneers Incorporated
announces that the Company filed its 2007 Annual Report on Form 40-F,
including its audited consolidated financial statements for the year ended
December 31, 2007, with the United States Securities and Exchange Commission
on February 21, 2008, and posted it on the Company's website at
www.rbauction.com. These documents are also available on the SEC website at
www.sec.com. Shareholders wishing to receive a free-of-charge hard copy of the
Company's complete audited consolidated financial statements may do so by
contacting the Company's Corporate Secretary at 6500 River Road, Richmond, BC,
Canada, V6X 4G5.

    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: Jeremy Black, Corporate Secretary, Phone: (604)
273-7564, Fax: (604) 273-2405, Email: ir@rbauction.com

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