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Sotheby's Declares Fourth Quarter 2013 Dividend

Sotheby's Declares Fourth Quarter 2013 Dividend

NEW YORK, Nov. 11, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of
Sotheby's (NYSE:BID) has declared a quarterly dividend of $0.10 for the fourth
quarter of 2013. The fourth quarter dividend is payable on 16 December 2013 to
shareholders of record as of 2 December 2013.

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Sotheby's has been uniting collectors with world-class works of art since
1744. Sotheby's became the first international auction house when it expanded
from London to New York (1955), the first to conduct sales in Hong Kong (1973)
and France (2001), and the first international fine art auction house in China
(2012). Today, Sotheby's presents auctions in eight different salesrooms,
including New York, London, Hong Kong and Paris, and Sotheby's BidNow program
allows visitors to view all auctions live online and place bids in real-time
from anywhere in the world. Sotheby's offers collectors the resources of
Sotheby's Financial Services, the world's only full-service art financing
company, as well as private sale opportunities in more than 70 categories,
including S|2, the gallery arm of Sotheby's Contemporary Art department, as
well as Sotheby's Diamonds and Sotheby's Wine. Sotheby's has a global network
of 90 offices in 40 countries and is the oldest company listed on the New York
Stock Exchange (BID).

         Investor Relations
         Jennifer Park
         +1 212 894 1023
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