X0202 4 2004-04-29 0 0000025657 CRESTED CORP CBAG 0001065872 LARSEN KEITH G 877 NORTH 8TH WEST RIVERTON WY 82501 1 0 1 0 $.001 Par Value Common Stock 2004-04-29 4 J 0 100000 0 A 100000 I By Sutter Gold $.001 Par Value Common Stock 60000 I By Plateau Resources $.001 Par Value Common Stock 12024733 I By U.S. Energy Consists of shares held by Sutter Gold Mining Company (SGMC), a subsidiary of Crested Corp. (Crested). The Reporting Person is an officer and/or director of both SGMC and Crested. The Reporting Person is not a controlling shareholder and does not have a pecuniary interest in the Crested shares held by SGMC under Rule 16a-1(a)(2)(iii). Consists of shares held by Plateau Resources Limited (Plateau), a wholly-owned subsidiary of USEG. The Reporting Person is an officer and/or director of both Crested and Plateau. The Reporting Person is not a controlling shareholder and does not have a pecuniary interest in the Crested shares held by Plateau under Rule 16a-1(a)(2)(iii). Consists of shares held by U.S. Energy Corp. (USE), the parent of Crested Corp. (Crested). The Reporting Person is an officer and/or director of both USE and Crested. The Reporting Person is not a controlling shareholder and does not have a pecuniary interest in the Crested shares held by USE under Rule 16a-1(a)(2)(iii). By: Robert Scott Lorimer Attorney in Fact 2004-04-30