Islamic State announces execution of Chinese and Norwegian hostages
An image grab taken from a video released on March 17, 2014 by the Islamic State of Iraq and the Levant's al-Furqan Media allegedly shows ISIL fighters raising their weapons with the Jihadist flag at an undisclosed location (AFP Photo)

The Islamic State jihadist group said Wednesday it has executed a Chinese and a Norwegian hostage, two months after it had demanded a ransom for the pair's release.

The group's English-language Dabiq magazine featured graphic photos of two bloodied bodies that appeared to be Chinese hostage Fan Jinghui and Norwegian Ole-Johan Grimsgaard-Oftsad.

The bodies were pictured adjacent to photos of the blindfolded captives apparently taken just before their execution.

A stamp-like caption overlaid on the full-page photo read, "Executed after being abandoned by the kafir (disbeliever) nations and organisations."

It was unclear how they were killed, but their heads were bloodied by apparent gunshot wounds.

It was the 12th edition of IS's publication, one of many branches of the jihadist organisation's multilingual media machine.

The magazine's cover photo featured what appeared to be French aid workers at the scene of Friday's bomb and gun attacks in Paris that killed 129 people and were claimed by IS.

The caption read "Just Terror."

"The Islamic State dispatched its brave knights to wage war in the homelands of the wicked crusaders, leaving Paris and its residents 'shocked and awed,'" Dabiq said.

In 2014, IS declared a self-styled "caliphate" across territory in Iraq and Syria where it imposes its extreme interpretation of Islamic law.

It has used its magazine and other media arms to publicise its gruesome murders, including the beheadings of American journalists James Foley and Steven Sotloff, Japanese journalist Kenji Goto, US aid worker Abdul-Rahman Kassig and others.

The Chinese and Norwegian hostages were last featured in the magazine's September edition, in which IS asked for an unspecified ransom for their release.

Neither that edition nor the one released on Wednesday gave details about where or when the men were captured, held or killed.

The Chinese national was a 50-year-old consultant and the Norwegian, 48, was connected with a university in Trondheim.

In September, Grimsgaard-Ofstad's family said it was unable to pay the ransom asked by IS and appealed to his hostage-takers to release him.

The Norwegian government ruled out paying for his release, with Foreign Minister Borge Brende saying it was "out of the question for Norway to pay a ransom."

Norwegian authorities said Grimsgaard-Ofstad was abducted January shortly after his arrival in Syria.

And China's foreign ministry acknowledged in September that IS was probably holding one of its citizens.