Ritchie Bros. Auctioneers reports on voting results from the 2013 Annual and Special Meeting of Shareholders

Apr 29, 2013, 20:12 ET from Ritchie Bros. Auctioneers

VANCOUVER, April 29, 2013 /PRNewswire/ - The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company") (NYSE and TSX: RBA), the world's largest seller of used equipment and trucks, was held on April 25, 2013 in Vancouver, British Columbia. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 21, 2013, which can be found on the Company's at: www.rbauction.com/cms_assets/pdf/investor-relations/annual-reports/2013/2013-information-circular.pdf.

The total number of shares represented by shareholders in person and by proxy at the meeting was 85,787,727, representing 80.4% of the Corporation's outstanding shares. The voting in relation to the election of directors was conducted by way of ballot at the Meeting and the results were as follows:

Nominee                  Votes For         Percent
Peter James Blake     85,438,313   99.59%
Beverley Anne Briscoe     85,307,036   99.44%
Robert George Elton     85,191,519   99.30%
Robert Waugh Murdoch     85,306,903   99.44%
Eric Patel     78,480,558   91.48%
Edward Baltazar Pitoniak     85,264,195   99.39%
Christopher Zimmerman     85,267,852   99.39%

The Company has also filed a report of voting results on all other resolutions voted on at the Meeting on www.sedar.com.

Established in 1958, Ritchie Bros. is the world's largest seller of used equipment for the construction, transportation, agricultural, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. solutions make it easy for the world's builders to buy and sell equipment with confidence, including the core business of unreserved public auctions and a secure online equipment marketplace. Ritchie Bros. Auctioneers® unreserved auctions are conducted live, with bidding on-site and online at rbauction.com. Ritchie Bros. Auctioneers conducts hundreds of unreserved public auctions each year, selling more equipment to on-site and online bidders than any other auction business in the world. The Ritchie Bros. EquipmentOne online marketplace can be accessed at EquipmentOne.com. Ritchie Bros. also offers a range of value-added services, including equipment financing available through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

SOURCE Ritchie Bros. Auctioneers