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Crew Development Corporation:Financing.

Publication: Business Wire
Date: Tuesday, February 24 1998

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 24, 1998-- Crew Development (TSE:CRU.) (VSE:CRU.) (FRANKFURT:KNC.F) The Company announces that Crew Holdings Ltd. proposes to sell up to 1,500,000 shares of Crew Development Corp., through the Vancouver and/or Toronto Stock Exchanges, commencing

February 26, 1998.

If these shares are all sold, Crew Holdings Ltd. will continue to hold 3,000,000 shares of Crew Development Corp.

John M. Darch, President

This News Release was prepared by the Board of Directors on behalf of Crew Development Corp. which is solely responsible for its contents.

EDITOR'S NOTE: There is an "at" symbol following "info" in the e-mail address below. This symbol may not appear properly in some systems.

CONTACT: Crew Development Corporation

John M. Darch, 604/681-8003 or 1-800-444-9284

604/662-3180 (FAX)

http://www.crewgroup.com

e-mail: info@crewgroup.com

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Subject: Securities
Company: Crew Development Corp. Securities
Product: Mining & Extractive Industries, Mining

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Crew Development Corporation:Financing.

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