LONDON, May 19, 2005 (PRIMEZONE) -- Hans Christian Qvist, Chairman of Crew Gold Corporation (TSX:CRU) (OSE:CRU) (Frankfurt:KNC) (Other OTC:CRUGF), sold 1,000,000 shares in Crew at NOK 6.92 and bought 1,000,000 shares at NOK 7.02 through a forward contract with a maturity date of August 16, 2005.
Mr. Qvist's exposure totals 3.600.000 Crew shares, including common shares, forward contracts and options.
Jan A Vestum 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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