Media Advisory - Rare opportunity to buy collector car at unreserved Ritchie Bros. charity auction on September 15

Members of the public are encouraged to participate in rare opportunity; 1983 Excalibur collector car being sold to highest bidder, regardless of price (All proceeds from 1983 Excalibur car sale to benefit KidSport BC, helping underprivileged kids participate in organized sports)

VANCOUVER, Sept. 11, 2012 /CNW/ - Ritchie Bros. Auctioneers (NYSE andTSX: RBA) will be selling a 1983 Excalibur collector car and other unique items during a live charity auction on Saturday, September 15, 2012, at 5:30 p.m. This public charity auction is being held in conjunction with the Company's third annual Corporate Kids Challenge, with all proceeds from the auction and the event going to KidSport BC™, which raises funds to help underprivileged kids participate in organized sports throughout BC. All items in the public auction will be sold unreserved—meaning every item is sold to the highest bidder, regardless of price—without minimum bids or reserve prices. Bids in the auction can be made online at www.rbauction.com.

The 1983 Excalibur car is a two door convertible appraised at $50,000. Featuring a French Vanilla finish with two-tone brown pinstripe accent, this vintage collector car sports a GMC 305 CID V8 engine and is in good original condition. To see the car in person ahead of the auction, members of the public are welcome to go to: Dueck Downtown at 888 Terminal Avenue, Vancouver. A photo of the car is also available for viewing at www.rbauction.com

WHO: Ritchie Bros. Auctioneers and KidSport BC™

WHAT: Ritchie Bros. Auctioneers' third annual Corporate Kid Challenge and charity auction

• Media and the public are invited to attend this fundraising event
• Olympic athletes and Canadian celebrities will be participating, including Cindy Klassen, Ryan Cochrane, Tommy Europe, and more.
• Speeches will be made by a BC government dignitary, as well as KidSport BC™ and Ritchie Bros. officials
• For more details on the event visit www.rbauction.com/kidschallenge

WHEN: Saturday, September 15, 2012

• Corporate Kids Challenge begins at 1 p.m.
• Live charity auction begins at 5:30 p.m.

WHERE: Ritchie Bros. Auctioneers head office, 9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6

About KidSport™
KidSport™ is a community-based sports funding program that provides grants for financially disadvantaged children ages 6 to 18 to participate in amateur sport and learn valuable life lessons and skills. The organization operates 175 chapters across Canada, 40 of which are based British Columbia. For more information about KidSport™ and how you can help in your community, please visit www.kidsport.ca.

About Ritchie Bros. 
Established in 1958, Ritchie Bros. Auctioneers (NYSE andTSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world's builders to easily and confidently exchange equipment. The Company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 44 auction sites worldwide. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.

SOURCE: Ritchie Bros. Auctioneers

Kim Schulz, Manager, Corporate Communications
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