Mr. Zaheed Mawani reports

MEDIA ADVISORY - RITCHIE BROS. TO HOST FIRST QUARTER 2018 RESULTS EARNINGS CONFERENCE CALL ON MAY 11, 2018

Ritchie Bros. Auctioneers Inc. invites interested parties to participate in its first quarter 2018 earnings conference call, occurring on Friday, May 11, 2018, at 11 a.m. Eastern Time (8 a.m. Pacific Time) (4 p.m. British Standard Time). During the call, company executives will discuss Ritchie Bros.' earning results and answer questions from analysts and institutional investors. The company's first quarter 2018 earnings results will be released after the New York Stock Exchange and Toronto Stock Exchange markets close the day prior, on May 10, 2018.

Analysts and institutional investors may participate via a conference call, using the following dial-in information:

• 1-888-231-8191 (toll-free North America);
• 0-800-051-7107 (toll-free United Kingdom);
• 1-647-427-7450 (Toronto and overseas long-distance).

Please ask to participate in Ritchie Bros.' first quarter 2018 earnings call and quote conference ID No. 4783368 if prompted.

Media and other interested parties may listen to the conference call via webcast, by selecting the first quarter 2018 earnings call webcast link at the company's website.

Please note that there will be presentation slides accompanying the earnings call. The slides will be displayed live on the webcast and will be available to download via the webcast player or at the company's website on the morning of the call.

A replay of the conference call can be accessed after 2 p.m. Eastern Time (11 a.m. Pacific Time) (7 p.m. British Standard Time) until June 11, 2018, at 416-849-0833 or 1-855-859-2056 (using passcode 4783368 followed by the pound key).

About Ritchie Bros. Auctioneers Inc.

Established in 1958, Ritchie Bros. is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offering live auction events with on-line bidding; IronPlanet, an on-line marketplace with featured weekly auctions and providing its exclusive IronClad Assurance equipment condition certification; Marketplace e, an on-line marketplace offering multiple price and timing options; Mascus, a leading European on-line equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales.