GoIndustry

Press Release

FOSTER CITY, CA (October 12, 2005) - DoveBid, Inc., a global provider of capital asset auction and valuation services, announced today that it will conduct a private treaty sale of Spirit Processing and Packaging Equipment by order of Chivas Brothers.

The private treaty sale is currently in progress and features a miniature 5cl bottling line; labelers by Krones, Alipack and Willett; stainless steel storage vats; palletisers and depalletisers; boilers; compressors; pumps; and conveyors. The equipment is located in Kilwinning, Scotland and is available to inspect by appointment only. Detailed preview information, asset catalog, and bidding instructions are available at www.dovebid.com.

For a complete list of our upcoming auctions, equipment asset catalogs, and brochures, please visit DoveBid’s Website at www.dovebid.com.

About DoveBid®
DoveBid, Inc. is a global provider of capital asset auction and valuation services. We deliver a turnkey, outsourced set of services to corporations and financial institutions for the valuation, redeployment and disposition of their surplus capital assets. Through DoveBid Auction Services we offer several types of auction formats, including live webcast auctions, featured online auctions, on-site-only auctions and privately negotiated sales. As part of our auction services, we also offer our customers AssetZone, a hosted, Internet-based application that monitors surplus assets inside the corporation. DoveBid Valuation Services is our professional services organization that provides capital asset valuations to financial institutions and corporations. Our valuation professionals utilize our large database of transactions and other valuation resources to conduct appraisals of machinery, manufacturing equipment, business inventory and other capital assets.

Headquartered in Foster City, California, USA, DoveBid has over 67 years of auction experience in the capital asset industry with more than 37 locations in 15 countries. More information on DoveBid can be found at www.dovebid.com or by contacting company headquarters at (800) 665-1042 or (650) 571-7400.

DoveBid and the DoveBid logo are registered trademarks of DoveBid, Inc.

About Chivas Brothers
Chivas Brothers is the Scotch whisky business of Pernod Ricard, whose vision is to become the world's leading premium Scotch whisky company. The company was established in December 2001, incorporating the former Campbell Distillers and Chivas Brothers, to reflect the global reach and significance of Scotch whisky within the Group.

# # #

DoveBid Contact:
Josh Prince
Director, Corporate Development
DoveBid, Inc.
(650) 377-2604
jprince@dovebid.com