Ableauctions - Euro Auctions to Broadcast United Kingdom ''Modern Plant and Commercial Equipment'' Auction through NAALive

May 9, 2006; 03:57 AM

LEEDS, England - Ableauctions.com (AMEX:AAC) announced today that it will host Euro Auctions' May auctions through its subsidiary NAALive.com. The one day retirement sale of modern plant and commercial equipment on behalf of Ken Hope Ltd. is scheduled for May 10, 2006 in Carlisle, England.

Euro Auctions will also hold a three day Industrial Plant and Equipment auction on May 11th, 12th and 13th in Leeds, England. The sale includes some of the following lots listed below.

Day 1: Volvo FM12 8x4 Tippers, an Erin Trident TD125 three-way split tracked screener, an unused Faymonville 4-Axle 9ft stepframe low loader, unused King GTS44 tri-axle stepframe low loaders, 13.6m twin-axle curtain sider trailers

Day 2: Eight Volvo A40D, a Komatsu D275A, a Cat 962G wheeled loader, JCB 537-135 telehandlers, and unused Benford 9 ton dumpers

Day 3: Two Cat 365BL

Live Internet Bidding has proven to be a great success for Euro Auctions. According to management, "Internet Bidding has enabled us to reach a whole new audience, especially from the U.S.A., and has helped increase our customer base worldwide."

Euro Auctions (UK) Ltd specializes in conducting off-site and on-site auction sales and valuations throughout Europe. Parties interested in holding onsite auctions for surplus stock clearance or cessation of trading should visit www.euroauctions.com.

About NAALive

NAALive is an Internet-based broadcast service for NAA members who conduct real auctions. Utilizing NAALive's real-time software, auction houses broadcast over the Internet and online bidders participate in live auctions as if they were physically present at the auction. NAALive also enables bidders to review auction catalogs and place absentee bids prior to an event. NAALive is rapidly becoming the standard for live Internet auctions and the premiere Web site for consumer access to the auction industry. This means thousands more potential bidders for your auctions.

About Ableauctions.com

Ableauctions.com Inc. (AMEX "aac") is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, Naalive.com and Unlimited Closeouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at [email protected].

Ableauctions.com, Karen Grace, 604-521-3369