Large selection of heavy construction equipment to be sold at Ritchie Bros. unreserved auction in St. Louis, MO

June 13, 2014

More than 800 heavy construction and agricultural equipment items will
be sold in the upcoming St. Louis unreserved public auction on June 27,

ST. LOUIS, MO, June 13, 2014 /PRNewswire/ – Ritchie Bros. Auctioneers (NYSE and
TSX: RBA), the world’s largest industrial auctioneer, will sell a large
selection of late model industrial and agricultural equipment at its
unreserved public auction in St. Louis, MO on June 27, 2014. Equipment
highlights in the auction include a selection of bulldozers and motor
graders, 35+ truck tractors, 10+ wheel loaders and more. Bids can be
made in the auction in-person at the auction site, online in real time
at www.rbauction.com and by proxy.

“Our upcoming unreserved public auction is a great opportunity for small
and large contractors to find quality, late-model equipment at
competitive prices,” said Kieran Holm, Vice President, Sales, Ritchie
Bros. Auctioneers. “The diverse selection of equipment, combined with
the global marketing power of Ritchie Bros. Auctioneers, enables
equipment buyers from all over the world to participate in an open,
transparent and honest way. I encourage interested buyers to come to
our St. Louis auction site ahead of the auction to test the equipment
and get the information they need prior to auction day. Research can
also be done ahead of time on our website, rbauction.com.”

The upcoming St. Louis unreserved public auction features a large
selection of construction and other industrial equipment.
Missouri-based Fred Weber Inc., an industry leader in civil, heavy
industrial and highway construction services will be selling more than
85 construction and mining equipment items in the auction. The company,
widely known for their work on the reconstruction of I-64 and the Taum
Sauk upper reservoir rebuild, has been participating at Ritchie Bros.
auctions for almost four years.

“The package of equipment we selected to sell in the upcoming St. Louis
auction is highly diverse and very well maintained,” said Ed Moss,
Equipment Manager, Fred Weber Inc. “Some of the equipment that will be
sold in the auction was used during our work on the Taum Sauk reservoir
rebuild and all has been maintained by certified technicians. With this
diverse and large selection, we knew that we wanted the local appeal as
well as global reach that Ritchie Bros. can offer in the sale of our

Specific equipment highlights in the auction include:

        --  A 2011 Komatsu D65PX-16 bulldozer
        --  A 2008 Komatsu PC800LC-8 hydraulic excavator
        --  A 2005 Gomaco Commander III crawler slipform paver
        --  Two Manitowoc 777 Epic Series II200-ton crawler cranes
        --  11 Sterling L9500 T/A truck tractors
        --  And much more!

Consignments are still being accepted for the upcoming auction; anyone
interested in selling their equipment can contact the St. Louis, MO
auction site at +1.618.688.1625.

General auction details:

        --  Auction location & phone number:
      o St. Louis, MO: 2436 Old Country Inn Dr., Caseyville, IL 62232 |
        Phone: +1.618.688.1625
        --  The auction is open to the public; registration to bid is free;
            a refundable bid deposit may be required
        --  How to register and bid:
      o In person at the auction site beginning on Tuesday, June 24
      o 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 online bidders
        should register several days in advance of the auction
      o By proxy - phone the auction site to place a proxy bid

About Ritchie Bros.

Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world’s
largest seller of used equipment for the construction, transportation,
agriculture, material handling, energy, mining, forestry, marine and
other industries. Ritchie Bros.( TM) solutions make it easy for the world’s builders to buy and sell
equipment with confidence, including live unreserved public auctions
with on-site and online bidding (rbauction.com), the EquipmentOne(TM) secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of
value-added services, including equipment financing for customers
through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44
auction sites worldwide. Learn more at RitchieBros.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

Source: PR Newswire

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