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Non-Tech : Ritchie Bros. (RBA)

RBA 113.84

-4.4%

Feb 11 3:59 PM EST

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From: JakeStraw	5/25/2007 8:31:21 AM
	of 105

New ARB Regulations Draw Consignments to Ritchie Bros. Los Angeles Auction biz.yahoo.com Friday May 25, 7:00 am ET Multi-million dollar auction features large selection of construction equipment LOS ANGELES, CALIFORNIA--(MARKET WIRE)--May 25, 2007 -- Proposed regulations being discussed today at a public meeting of the California Air Resources Board (ARB) in San Diego generated additional consignments at an unreserved public auction held this week in Los Angeles. Ritchie Bros. Auctioneers (Toronto:RBA.TO)(NYSE:RBA), the world's largest auctioneer of trucks and industrial equipment, conducted the large industrial equipment and truck auction at its permanent auction site in Los Angeles, California on May 22-24, 2007. The three-day auction generated more than US$41 million in gross auction sales and featured more than 2,900 lots from over 500 consignors-new site records for number of lots and sellers. Since the site opened in 2000, Ritchie Bros. has sold more than US$500 million worth of trucks and equipment at its Los Angeles location.

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