Media Advisory - Ritchie Bros. to sell unused crawler crane in multi-million dollar Denver unreserved auction

• Press Release
• Source: Ritchie Bros. Auctioneers
• On 9:00 am EDT, Friday October 16, 2009

    Late model cranes and more than 700 other items to be sold to the highest
    bidders on auction day

DENVER, CO, Oct. 16 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA - News News), the world's largest industrial auctioneer, will be selling unused and late model crawler and rough terrain cranes along with more than 700 other equipment and transportation items in an upcoming multi-million dollar, unreserved industrial public auction at the Company's permanent auction site in Denver, Colorado on Tuesday, October 20, 2009 starting at 8:00 a.m. (local time). Every item will be sold to the highest bidder on auction day, with no minimum bids or reserve prices.

One of three late model self-erecting crawler cranes being sold in the October 20th Denver auction includes an unused 2008 Manitowoc 14000 220-ton. The crane comes with a full factory warranty and has never even been put into service. The auction will also feature a large grouping of late model rough terrain cranes by Grove, including a 2006 Grove RT9130E 130-ton crane and a 2008 Grove RT890E 90-ton 4X4X4 crane.

Other cranes being sold in the auction include hydraulic truck, all-terrain, conventional truck and carry deck cranes. In addition, the sale will also feature multiple items of construction and transportation equipment: 20 wheel loaders, close to 20 loader backhoes, more than 15 motor graders, nearly 40 pickup trucks and 25 flatbed trucks.

    WHO:   Ritchie Bros. Auctioneers, largest industrial auctioneer, will
           sell equipment and cranes for Energy Transportation Inc.,
           Girardi's Heavy Haul LLC, RMS Cranes LLC, and Honnen Equipment

    WHAT:  Multi-million dollar unreserved public industrial equipment
           auction, including large selection of cranes

    WHEN:  Tuesday, October, 20, 2009 - auction starts at 8:00 a.m.

    WHERE: Ritchie Bros. Auctioneers' permanent Denver auction site located
           at 4444 Ritchie Drive, Longmont, CO
           Auction site phone: +1.970.535.6700

    DIRECTIONS TO AUCTION SITE: From Denver International Airport (DIA), take
Pena Blvd West to E470 North tollway (2- $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 - News News) 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 39 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 cranes including the unused 2008 Manitowoc 14000 220 Ton crawler crane are available for your use at www.rbauction.com/media or by calling Kim Schulz at the contact number below.

Buzz up!