Ritchie Bros. to break record at unreserved equipment auction in Saskatoon

    Most auction lots ever to be sold in Saskatoon by Company - over 1,300
    agricultural and industrial equipment items will fill the yard and will
    be sold to the highest bidders

    SASKATOON, April 3 /CNW/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA),
the world's largest agricultural and industrial auctioneer, is conducting a
large, multi-million dollar unreserved public auction at its permanent auction
site in Saskatoon on April 9, 2009 starting at 9:00 a.m. local time. The
upcoming auction will feature something for everyone and will be the largest
ever held there in terms of the total number of items sold. More than 1,300
agricultural and industrial equipment items will be sold for more than 180
consignors. Every item will be sold unreserved to the highest bidders on
auction day regardless of price, with no reserve prices or minimum bids.
    "This auction represents an exciting milestone for our Saskatoon
facility," said Jordan Clarke, Area Manager, Ritchie Bros. Auctioneers. "Not
only will it be the largest auction we've held here in terms of the total
number of lots sold, but also it will be the greatest variety of construction,
agricultural, transportation and recreational equipment we've ever had in a
single sale here."
    The auction will feature agricultural and industrial equipment from over
180 different owners including Agritrac Equipment Ltd., Scharf Farm
Partnership, Garry's Construction, Mocon Construction Ltd., and Ritchie
Construction Ltd. The line-up of agricultural equipment being sold includes
2WD, 4WD, and MFWD tractors, combines, cultivators, sprayers, swathers, and
spreaders. Complete dispersals of property and equipment from four area farms
will also take place during the unreserved auction. Industrial equipment being
sold includes construction machinery such as crawler tractors, hydraulic
excavators, motor scrapers, loader backhoes and forklifts. The auction will
also feature a good selection of transportation equipment including various
types of trucks and trailers.
    A parcel of real estate along the Torch River in Saskatchewan will also
be sold in the unreserved auction. The 10-acre plot of land features a
2,532-square foot, six-bedroom bungalow with a 12 x 30 foot deck, new wood
boiler and a 24 x 30 foot detached garage. The property, situated within the
northern White Fox forest close to Nipawin, has recreational potential for
hunting and fishing.

    Auction details:
    -   Location: Hwy No.12 North & 87th Street E, Saskatoon, SK. Auction
        Site Phone: +1.306.933.9333
    -   Time and date: 9:00 a.m. auction start on Thursday, April 9, 2009.
    -   Open to the public; registration to bid is free
    -   Interested buyers can register to bid in person or over the internet
        days before the auction. Visit the auction site to register to bid in
        person; photo I.D. is required. Customers can inspect equipment
        during regular business hours leading up to the auction. The site
        will be open for pre-registration and viewing of equipment on April
        6, 2009.
    -   Internet bidders must register online before auction day at
        www.rbauction.com; at least 2-3 business days is recommended for
        first-time internet bidders
    -   Equipment details, including photos, are available on the Ritchie
        Bros. web site: www.rbauction,com

    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 38 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

For further information:

For further information: Jordan Clarke, Area Manager, Ritchie Bros.
Auctioneers - Saskatchewan/Manitoba, Saskatchewan Auction Site, Tel: (306)
933-9333; Or Kim Schulz, Corporate Communications Manager, Ritchie Bros.
Auctioneers, Phone (604) 788-5379 or email kschulz@rbauction.com

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