Disclaimer The views expressed here contain information derived from publicly available sources and have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Any forward looking information in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect. For additional information on these or other factors, please see the Company's fillings on SEDAR. This presentation should not be relied upon as a recommendation or forecast by Hodgins Auctioneers. Nothing in this presentation should be constructed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction.

Investor Presentation

Investment Highlights t An Established Auction Company t In A Big Marketplace t With The Right Management & Board t And Support Team t Providing World Class Services In Three Big Markets t With A Great Growth Strategy t In a Great Industry with Great Competitors t Only A Few Are Public t Our Past Performance t Grow Revenues with Online Auctions t What We Need t Use of Proceeds t A Tight Structure

An Established Auction Company t Hodgins family first entered the industry in 1957 t 6000 plus auctions conducted t Gross annual system sales between 40 and 50 million t Gross revenues between 3.5 and 4.5 million

In a Big Marketplace t 2007 North American system sales ~ $270.7 billion USD (Live auctions only). t Largest competitor commands only 1% of the total market t Lots of room for growth

Industry Growth

With The Right Management & Board t Barrie Jung President/CEO ~ 25 years + t Grant Hodgins General Manager ~ 30 years + t Todd Bennett New Business Development Manager ~ 2 years t Larry Buchinski Industrial Sales Manager ~ 25 years + t Lyle Gradin Agricultural Manager ~ 10 years + t Myles Taylor E-Commerce Sales Manager ~ 5 years + t Gordon Anderson Chairman of the Board

And The Right Support Team t Marketing Experts t Call-Center Staffing t Trust Administrators t Operational Technicians

Providing World-Class Services t Professional, Comprehensive Marketing Campaigns t 100,000 + Customers in Database t Complete Set-up Services and Equipment t Capacity to do Auctions per Year

Competing in Three Big Markets t Agricultural t Industrial t Automotive

A Great Industry with Great Competitors t Local, Regional, National t Ritchie Bros. – World’s Largest Industrial Auctioneer Listed NYSE t Adesa – Formerly Owned by Minnesota Light & Power t Manheim – Owned by Cox Enterprises –15 Billion in Revenues –77,000 Employees

Few Publicly Listed Auction Companies t Very Few Auction Companies Publicly Listed t Most Held Closely in Private Structures t Opportunity For Investors in Hodgins

Our Past Performance

A Great Growth Strategy t Increase Margins With More Bought Deals t Bought Deals –Financial Guarantees –Out-right Purchases –Recent Bought Deals

Bought Deals for Last 2 Years

Diversify By Market Segment & Geography t Diversify By Segment –Heavy Construction –Industrial Plant –Automobiles t Diversify By Geography –Ontario –Alberta

Grow Revenues with Online Auctions t New Technology t Wholesale Auto Auction t Revenue Potential –6000 Auto Dealers in Canada –10% at $349 per month = $2.5 million annually –USA Market 60,000 Dealers 10% at $349 per month = $25 million Annually

What We Need t This is an IPO for Hodgins t Private Placement by Accredited Investors t Initial Raise of $750,000 to $1,000,000

Use of Proceeds t 50% Bought Deal –$500,000 Equity Levers $1,500,000 t 50% Working Capital –Marketing –Expand Sales Force –Seasonal Cash Flow

A Tight Structure t 8,598,500 Shares Issued & Outstanding t 9.2 Million Fully Diluted t 55% Owned by Management t Public Float Less than 4 Million Shares

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