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Ritchie Bros. Auctioneers announces dividend declaration

02/13/2009

FOR IMMEDIATE RELEASE: February 13, 2009

VANCOUVER, BRITISH COLUMBIA - Ritchie Bros. Auctioneers Incorporated (NYSE:RBA; TSX:RBA) today announced that its Board of Directors has declared a quarterly cash dividend of US$0.09 per common share payable on March 13, 2009 to shareholders of record on February 23, 2009. This dividend will be considered an eligible dividend for Canadian income tax purposes.

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.

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For more information contact:
Jeremy Black, Corporate Secretary, Ritchie Bros. Auctioneers
Tel: 778.331.5500 or Email: ir@rbauction.com

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