Sotheby's Declares Third Quarter 2011 Dividend

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August 3, 2011 at 12:00 AM EDT

Sotheby's Declares Third Quarter 2011 Dividend

Sotheby's Declares Third Quarter 2011 Dividend

August 3, 2011, New York -- The Board of Directors of Sotheby's (NYSE:BID) has declared a quarterly dividend of $0.05 for the third quarter of 2011. The third quarter dividend is payable on September 15, 2011 to shareholders of record as of September 1, 2011.

About Sotheby's
Sotheby's is a global company that engages in art auction, private sales and art-related financing activities. The Company operates in 40 countries, with principal salesrooms located in New York, London, Hong Kong and Paris. The Company also regularly conducts auctions in seven other salesrooms around the world. Sotheby's is listed on the New York Stock Exchange under the symbol BID.

Contacts:
Press Department | 212 606 7176 | Diana Phillips | Diana.Phillips@Sothebys.com
Investor Relations | 212 894 1023 | Jennifer Park | Jennifer.Park@Sothebys.com