Reference is made to the announcement by Frontline Ltd. ("Frontline" or the "Company") of the Company's entry into a debt for equity exchange agreement October 11, 2013.

Frontline has on October 18, 2013 issued 665,698 new ordinary shares. Following such issuance, Frontline has an issued share capital of USD 85,318,413 divided into 85,318,413 ordinary shares.

October 18, 2013
The Board of Directors
Frontline Ltd.
Hamilton, Bermuda

Questions should be directed to:

Jens Martin Jensen: Chief Executive Officer, Frontline Management AS
+47 23 11 40 00
Inger M. Klemp: Chief Financial Officer, Frontline Management AS
+47 23 11 40 00

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Frontline Ltd. via Thomson Reuters ONE
HUG#1736800
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