Crew Selects Four Drill Targets At Its 100% Owned Roros Zinc Project, Norway.

Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--Jan. 30, 2001

Crew Development Corporation (TSE:CRU.) (OSLOSE:CRU) (FRANKFURT:KNC) (OTCBB:CRWVF) is pleased to announce that the company has received and interpreted the final results of its 2000 exploration program at its 100% owned Roros Zinc Project in Norway, and has selected four targets suitable for drilling during 2001.

In addition, Crew continues to examine numerous additional geophysical signatures with the purpose of defining further targets.

"Results to date indicate the presence of mineralization which, both in respect to grade and tonnage, may compare favorably with deposits currently being developed into mines in Sweden," comments Jon Steen Petersen, Vice President Exploration.

2000 Exploration Results

A detailed review of airborne geophysical data from 10,300 line-km covering more than 2,000 sq. km area, led to the recognition of numerous geophysical signatures. Many of these signatures were located in areas with significant overburden and had never previously been explored.

The summer 2000 follow-up included ground geophysics (MAG/VLF/HLEM) and deep soil geochemistry which indicated the presence of consistent base metal anomalies in areas with coinciding magnetic and electromagnetic responses.

The four targets selected to date are as follows:

Roros #1

Roros #1 reports a strong soil geochemical anomaly of up to 800 ppm zinc, and suggests potential for a (plus)400 m strike length through geophysical and geochemical anomalies.

Roros #2

Roros #2 has a clear geophysical anomaly with a 2 km strike length in an area with few outcrops. The anomaly projects toward a deeper target near a former copper mine.

Roros #3

Roros #3 demonstrates a 2 km combined geophysical and geochemistry anomaly located in direct strike continuation of the old Klinkenberg mine.

Klinkenberg

The historical Klinkenberg mine remains one of the most intriguing occurrences in the district. This mine, which targeted copper sulfides, was never put into commercial production due primarily to its high zinc content. No drilling has ever been carried out on this property, and the occurrence shows 300 m outcropping massive sulfides, with zinc contents up to 30% and significant amounts of copper. Roros Background

The historical Roros mining district of Norway produced copper for over 300 years, until 1977 when production was terminated. Throughout this time, mining focused on copper even though the zinc content in the Roros mines was up to 20 times greater than copper. Zinc rich portions of the former mines and prospects were avoided due to lack of modern flotation technology.

In 1998, Crew investigated the zinc potential in this area, and claimed all prospects and most of the former producing mines located within a 3,000 square kilometer area covering the Roros and the Meraker districts. All accessible prospects and old mines were visited, sampled and studied, and a detailed geophysical ground survey was also conducted over a selected number of targets.

Corporate Overview

Crew is a mid-tier diversified international mining company, based in Vancouver, Canada. The company controls six quality development projects and owns, through Metorex, seven profitable mines. Crew is active in Africa, Canada, Greenland, Norway and the Philippines and has a demonstrated ability to discover new grassroots projects, advance projects to the development stage, and operate mines efficiently. The company is debt free and is well positioned for further growth. The primary listing for Crew shares is the Toronto Stock Exchange (TSE) and since January 2000 it has been listed on the Oslo Stock Exchange (OSE). The company is also listed in Germany and in the U.S.

John M. Darch, Chairman and C.E.O.

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