Hodgins Auctioneers Inc
			Symbol			HA
			Shares Issued			8,262,500
			Close 2007-11-20			C$ 0.25
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Hodgins earns $722,302 in nine months of 2007

2007-12-03 10:56 ET - News Release

Mr. Barrie Jung reports

HODGINS AUCTIONEERS REPORTS 31 PERCENT INCREASE IN REVENUES

Hodgins Auctioneers Inc.'s revenues for the nine-month period ended Sept. 30, 2007, increased by 31 per cent to $3,808,192.

Income per share of eight cents in the first nine months

Hodgins Auctioneers' nine-month year-to-date system sales were $48,239,295, an increase of 22.8 per cent over the same period last year. These system sales have generated $3,808,192 in revenue for the company, an increase of 31 per cent over last year. The company's net income for the first nine months is $722,302, an increase of $721,039 from 2006 when the net income for the first nine months was $1,263. The company's income per share for the first nine months of the year was eight cents.

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