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Media advisory - Ritchie Bros. adds more equipment to upcoming Denver auction

Posted on: Wednesday, 3 June 2009, 18:04 CDT

DENVER, June 3 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will be selling more than 1,900 items of equipment from 260 owners at a multi-million dollar, two-day unreserved public auction at the Company's permanent auction site in Denver, Colorado, on Thursday, June 4, 2009 and Friday, June 5, 2009 starting at 8:00 a.m. each day.

The large auction will feature a very diverse line-up of late model Caterpillar construction equipment from Wagner Equipment Co. and other owners. Late model construction equipment will be sold on Day 1 (Thursday, June 4) and includes items such as: a 2005 Caterpillar 312CL hydraulic excavator, 2006 Caterpillar 615C Series II elevating motor scraper, 2005 Caterpillar 815F compactor, and a 2007 Caterpillar D8T crawler tractor. The upcoming Denver auction will mark the very first time Ritchie Bros. has sold a Caterpillar 312CL hydraulic excavator in the state of Colorado and a Caterpillar 615C elevating motor scraper at an auction held in the United States outside the state of Florida.

Other auction highlights include a variety of cranes and a large selection of trucks and transportation items. All trucks and transportation items will be sold on Day 2 (Friday, June 5) of the auction. Each item will be sold to the highest bidder with no minimum bids or reserve prices.

WHO: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer WHAT: Ritchie Bros. two-day unreserved public auction WHEN: Thursday, June 4 to Friday, June 5, 2009 8:00 a.m. auction start time each day WHERE: Ritchie Bros. Auctioneers' Denver permanent auction site 4444 Ritchie Drive, Longmont, CO Sale Site Tel: +1.970.535.6700

DIRECTIONS TO AUCTION SITE:

From Denver International Airport take Pena Blvd West to E470 North tollway ($2 to $2.25 tolls required) to I-25 North (exit 47). Take I-25 North to Exit 243 Hwy 66 East (right) to CR 9 1/2 South (right), follow CR 9 1/2 to the site.

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 www.RitchieWiki.com.

ATTENTION MEDIA: Photos of the late model Caterpillar construction equipment from Wagner Equipment Co. and aerial photos (taken today) of the Ritchie Bros. Denver auction site are available for your use at www.rbauction.com/media or by calling Kim Schulz at the contact number below.

SOURCE Ritchie Bros. Auctioneers

Source: PR Newswire

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