Crew Gold Corporation

Crew Gold Corporation

March 15, 2005 07:03 ET

Crew Gold Corporation: Notification of Trade


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CREW GOLD CORPORATION

TSX, OSLO STOCK EXCHANGE SYMBOL: CRU
FRANKFURT SYMBOL: KNC
OTC Bulletin Board SYMBOL: CRUGF

MARCH 15, 2005 - 07:03 ET

Crew Gold Corporation: Notification of Trade

LONDON, ENGLAND--(CCNMatthews - March 15, 2005) - Crew Gold Corporation
("Crew") (TSX:CRU)(OTCBB:CRUGF)(OSE:CRU)(FRANKFURT:KNC) -

On March 14, 2005, Jan A. Vestrum, President and Chief Executive Officer
of Crew Gold Corporation, bought 1.6 million shares in Crew at NOK 6.34
in the fulfilment of a previously announced forward contract; sold 1.6
million shares at NOK 8.04 and bought 1.6 million shares at NOK 8.155 by
way of a new forward contract with a maturity date of June 13, 2005

Mr. Vestrum's exposure totals 8.625.000 Crew shares, including common
shares, forward contracts and options.

Jan A. Vestrum

President & CEO

This news release contains certain "Forward-Looking Statements". All
statements, other than statements of historical fact, included in this
release, and/or statements made by company officers or directors at any
given time, as well as Crew's future plans are such forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate, and actual
results and future events could differ materially from those anticipated
in such statements. Forward-looking statements are based on the
estimates and opinions of management on the date the statements are
made, and Crew does not undertake any obligation to update
forward-looking statements should conditions or management's estimates
or opinions change.

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