Mr. Jeremy Black reports

RITCHIE BROS. AUCTIONEERS INCORPORATED ANNOUNCES 2012 STRATEGIC UPDATE CONFERENCE CALL

Ritchie Bros. Auctioneers Inc. will hold a conference call to discuss its 2012 strategic update on May 9, 2012, at 1:30 p.m. ET (10:30 a.m. PT).

This call is being webcast by Thomson/CCBN and can be accessed at Ritchie Bros. Auctioneers' website.