Ritchie Bros. Auctioneers Incorporated

Ritchie Bros. Auctioneers Incorporated

January 29, 2007 07:00 ET

Ritchie Bros. Auctioneers Announces Dividend Declaration

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 29, 2007) - Ritchie Bros. Auctioneers Incorporated (TSX:RBA)(NYSE:RBA) today announced that its Board of Directors has declared a quarterly cash dividend of US$0.21 per common share payable on March 16, 2007 to shareholders of record on February 23, 2007. This dividend will be considered an eligible dividend for Canadian income tax purposes.

About Ritchie Bros.

Ritchie Bros. is the world's largest auctioneer of industrial equipment, operating through over 110 locations in more than 25 countries around the world. The Company sells, through unreserved public auctions, a broad range of used and unused industrial equipment including equipment utilized in the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries. The Company maintains a web site at www.rbauction.com.

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