Ritchie Bros.' Sacramento public auction features 1,600+ equipment items

September 28 unreserved auction features large selection of low hour, late model Caterpillar and Komatsu equipment

SACRAMENTO, CA, Sept. 21 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will conduct a multi-million dollar unreserved public auction at its permanent auction site in Sacramento, CA on Tuesday, September 28, 2010, beginning at 8:00 a.m. (PST). More than 1,600 equipment items and trucks from 245+ consignors will be sold on auction day. Items are being added to the auction daily right through to auction day. More information, including equipment photos and auction details, is available at www.rbauction.com.

"Our September 28 auction has an outstanding selection of heavy construction and transportation equipment-especially nice is the large amount of late model, low hour Caterpillar and Komatsu equipment," said Mike Brenner, Area Manager, Ritchie Bros. Auctioneers. "We also have a lot of heavy haul trucks and low-bed trailers, including two 9-axle trailers, which we certainly don't get every auction. And all of this equipment is going to sell on auction day to the highest bidder-regardless of price-without minimum bids or reserve prices."

September 28 auction equipment highlights include:

    -   4 Caterpillar 735 6x6 articulated dump trucks
    -   4 Komatsu PC400LC-7EO hydraulic excavators
    -   2 Caterpillar D10T crawler tractors (dozers)
    -   2 Caterpillar D8T crawler tractors
    -   2 Caterpillar 980H wheel loaders
    -   2007 Caterpillar 623G elevating motor scraper

Other construction equipment highlights of the auction include: 50 hydraulic excavators, 45+ telescopic forklifts, 45 loader backhoes, 35+ crawler tractors, 25+ wheel loaders and 15+ motor scrapers. Transportation equipment highlights include: 100+ truck tractors, 70+ pickup trucks, 40+ flatbed trucks, 20+ van trucks, 20+ dump trucks, 20+ end dump trailers, 20+ hiboy trailers and 15+ lowboy trailers. Interested buyers can inspect, test and compare equipment items for themselves at the Sacramento auction yard the week prior to the auction as well as on auction day.

Most equipment will be sold in the live auction; registered bidders can bid in person at the auction site, online in real time at rbauction.com, or by proxy. Smaller items, such as attachments and consumer goods, will be sold in an online Timed Auction. Bids can be placed on the Timed Auction lots online at rbauction.com, through internet kiosks at the auction site, or by proxy. The auction site has free public wireless internet access.

Equipment consignments are still being accepted; owners interested in selling their equipment in the September 28 auction can contact the Sacramento auction site at +1.530.724.3900 to discuss their options.

    Auction details:
    ----------------
    -   Location: Ritchie Bros. Auctioneers' Sacramento auction site at
        5500 County Rd., 99 West, Dunnigan, CA, 95937
    -   Auction site tel: +1.530.724.3900
    -   Time and date: Tuesday, September 28, 2010 at 8:00 a.m.
    -   Auction is open to the public; registration to bid is free; a
        refundable bid deposit may be required
    -   How to register and bid:
           -  In person at the auction site - first-time bidders from the U.S
              and Canada must place a refundable $1,000 bid deposit when they
              register on-site
           -  Online at rbauction.com - register in advance and bid online in
              real time on auction day; a refundable bid deposit may be
              required; first-time bidders should register several days in
              advance of the auction
           -  By proxy - phone the auction site to place a proxy bid
    -   Interested buyers can come to the auction site to inspect, test and
        compare items
    -   More information, including equipment details and photos, is
        available at 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 42 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.

ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media.

Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros

SOURCE Ritchie Bros. Auctioneers