Rabin Brothers Worldwide Announce Major Sale of

Construction Equipment In Jakarta / Offering Includes Pre-Cast ERBA Form System SAN FRANCISCO, Calif. (ots-PRNewswire) - The entire inventory of construction equipment used for a 5,000 unit a year, low cost housing project in Indonesia will hit the auction block on May 6, Rabin Brothers announced today. Another casualty in the ongoing Asian Crisis, the project was forced into abandonment and the equipment is being sold under order of the Syndicate of Banks. The sale will include numerous mobile and crawler cranes, dumpers, loaders, hydraulic excavators, concrete mixers, rough terrain forklifts and road rollers to name a few. The highlight of the sale is a pre-cast concrete L-shaped form system comprising of: ERBA L-shaped pre-cast concrete forming tables, ERBA concrete batch mixer bowl and screw feeders, hydraulic control gears, a Paelloby OH rail mounted pre-cast gantry crane, modular steam boiler for curing and panel mould press, and Range L-shaped vertical casting table moulds, walls, stairs, and canopy. The equipment will be located at the Jakarta International Airport (Graha Bandara) for inspection two days prior to the sale. All items are in containers and are ready for shipping & export. The auction itself will be held at the Sheraton Bandara Hotel (Jakarta Airport) on May 6, commencing at 10:00 a.m. For this important event, Rabin Brothers has joined forces with Victor Morris Team PTE, Ltd in Singapore and Mason Greene Auctioneers in Australia to conduct the sale. Richard Reese, CEO of Rabin Brothers states "Worldwide attendance is expected; it will be a great opportunity for those in the construction industry, especially in pre-cast, form-work and cement, to obtain quality equipment at a great value." Details of the sale may be viewed on the web by visiting www.rabin.com or www.victormorris.com. Brochures and catalogues may be requested by calling our international hotlines: 44-0-181- 541-5600 in the United Kingdom, 65-334-4266 in Singapore, or 61- 3-9326-6000 in Australia. ots Original Text Service: Rabin Brothers Worldwide Internet: http://www.newsaktuell.de Contact: in U.S., Christine Larson, (in the USA) 415-522-5700, for Rabin Brothers Worldwide Web site: http://www.rabin.com Web site: http://www.victormorris.com

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