Ritchie Bros. sells more than €30 million of trucks and equipment in Moerdijk, The Netherlands unreserved auction

More than 2,800 trucks and heavy equipment items were sold for over 300 sellers at the Company's permanent auction site

MOERDIJK, The Netherlands, Sept. 30, 2013 /CNW/ - Ritchie Bros. Auctioneers (NYSE andTSX: RBA), the world's largest industrial auctioneer, sold more than €30 million (US$41+ million) of trucks and heavy equipment items during a two-day unreserved public auction at its auction site in Moerdijk, The Netherlands on September 26 & 27, 2013. The unreserved auction featured a range of items used in the construction, mining, transportation and other industries, including 280+ boom and scissor lifts, 210+ compactors, 200+ excavators, 160+ van trucks, 80+ forklifts, 80+ loaders, 60+ truck tractors, 50 trailers, 50+ dump trucks, 20 pipelayers, 20 cranes, 14 concrete pump trucks, eight crawler drills and many more items.

At the two-day auction, all items were sold unreserved to the highest bidders, regardless of price. Bids were made in person at the Moerdijk auction site, live and online at www.rbauction.com or by proxy. Close to 1,480 bidders from more than 75 countries registered to participate at the two-day unreserved public auction. More than 800 bidders participated online and purchased €8+ million (US$11+ million) of equipment online.

"The diversity of the auction inventory attracted a great crowd of bidders from all over the world," said Christian Sonneville, Regional Sales Manager, Ritchie Bros. Auctioneers. "We've seen a vibrant bidding atmosphere where selling prices in general were strong, particularly with specialized transport trucks and trailers, mobile cranes and construction equipment. We've already began preparing for our December auction in Moerdijk, which will offer another opportunity for anyone in the market that needs to buy or sell."

AUCTION QUICK FACTS: MOERDIJK, THE NETHERLANDS - September 26 & 27, 2013

• Gross Auction Proceeds - €30+ million (US$41+ million)
• Amount sold to online bidders - €8+ million (US$11+ million)
• Unique bidders (onsite and online total) - Close to 1,480
• Unique online bidders - 800+
• Lots sold - 2,800+
• Number of sellers - 300+

First auction in Finland
On September 25, the day before the Moerdijk auction, Ritchie Bros. held its first ever auction in Finland, selling 350 equipment items and trucks to more than 660 bidders. Buyers at the Moerdijk auction site were also able to participate in the Finland auction through a live broadcast connection.

The Ritchie Bros. auction calendar currently features more than 110 unreserved public auctions around the world, including eight auctions in Europe. Visit www.rbauction.com for a complete list of upcoming auctions.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE andTSX: 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

Alexander Ypeij, Communications Specialist Europe, Ritchie Bros. Auctioneers
Phone: +31.765.242.600 or email [email protected]

Or

Christian Sonneville, Regional Sales Manager, Ritchie Bros. Auctioneers
Moerdijk auction site phone: +31.168.392.200