Ritchie Bros. Auctioneers announces three-for-one split to shareholders

Ritchie Brothers has announced a three-for-one stock split at the company’s 2008 annual meeting held April 11, 2008 in Vancouver, British Columbia. Trading of the company’s common shares post-stock split basis is expected to commence on the Toronto Stock Exchange on April 22, 2008 and on the New York Stock Exchange on April 28, 2008. Ritchie Brothers expects that the additional shares issued in the stock split to be distributed to shareholders of record by the company’s transfer agent around April 25, 2008.