Crew Gold Corporation
OTC Bulletin Board : CRUGF

Crew Gold Corporation

September 07, 2005 08:30 ET

Crew Gold Corporation: Notification of Trade

LONDON, UNITED KINGDOM--(CCNMatthews - Sept. 7, 2005) - Crew Gold Corporation ("Crew") (TSX:CRU)(OSE:CRU)(FWB:KNC)(OTCBB:CRUGF).

On 6 September, 2005, Jan A Vestrum, President and Chief Executive Officer, bought 500,000 shares in Crew at NOK 10.04, sold 500,000 at NOK 10.04 and bought 500,000 at NOK 10.09 by way of a new forward contract with a maturity date of 1 November 2005.

Mr. Vestrum's exposure after this transaction totals 6,700,000 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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