FRO Frontline

 
TIDMFRO 
 
 
   Frontline Ltd. (the "Company" or "Frontline") announces  that the 
Company has through market purchases executed February 12, 2015 bought 
USD 33,300,000 notional in the 4.50 % Frontline Ltd. Convertible Bond 
Issue 2010/2015 - ISIN NO 001057149.0 at a purchase price of  99%. 
 
   After the purchase, Frontline holds USD 131,600,000 notional 
representing 58.5% in the 4.50 % Frontline Ltd. Convertible Bond Issue 
2010/2015 - ISIN NO 001057149.0. 
 
   February 12, 2015 
 
   The Board of Directors 
 
   Frontline Ltd. 
 
   Hamilton, Bermuda 
 
   Questions should be directed to: 
 
   Robert Hvide Macleod, 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 
 
   FORWARD LOOKING STATEMENTS 
 
   Matters discussed in this document may constitute forward-looking 
statements.  The Private Securities Litigation Reform Act of 1995 
provides safe harbor protections for forward-looking statements in order 
to encourage companies to provide prospective information about their 
business.  Forward-looking statements include statements concerning 
plans, objectives, goals, strategies, future events or performance, and 
underlying assumptions and other statements, which are other than 
statements of historical facts. 
 
   Frontline desires to take advantage of the safe harbor provisions of the 
Private Securities Litigation Reform Act of 1995 and is including this 
cautionary statement in connection with this safe harbor legislation. 
The words "believe," "anticipate," "intends," "estimate," "forecast," 
"project," "plan," "potential," "will," "may," "should," "expect" 
"pending" and similar expressions identify forward-looking statements. 
 
   The forward-looking statements in this document are based upon various 
assumptions, many of which are based, in turn, upon further assumptions, 
including without limitation, management's examination of historical 
operating trends, data contained in Frontline's records and other data 
available from third parties.  Although Frontline believes that these 
assumptions were reasonable when made, because these assumptions are 
inherently subject to significant uncertainties and contingencies which 
are difficult or impossible to predict and are beyond Frontline's 
control, you cannot be assured that Frontline will achieve or accomplish 
these expectations, beliefs or projections. Frontline undertakes no duty 
to update any forward-looking statement to conform the statement to 
actual results or changes in expectations. 
 
   Important factors that, in Frontline's view, could cause actual results 
to differ materially from those discussed in the forward-looking 
statements include, without limitation: the strength of world economies 
and currencies, general market conditions, including fluctuations in 
charterhire rates and vessel values, changes in demand in the tanker 
market, including but not limited to changes in OPEC's petroleum 
production levels and world wide oil consumption and storage, changes in 
Frontline's operating expenses, including bunker prices, drydocking and 
insurance costs, the market for Frontline's vessels, availability of 
financing and refinancing, ability to comply with covenants in such 
financing arrangements, failure of counterparties to fully perform their 
contracts with us, changes in governmental rules and regulations or 
actions taken by regulatory authorities, potential liability from 
pending or future litigation, general domestic and international 
political conditions, potential disruption of shipping routes due to 
accidents or political events, vessel breakdowns, instances of off-hire 
and other important factors.  For a more complete discussion of these 
and other risks and uncertainties associated with Frontline's business, 
please refer to Frontline's filings with the Securities and Exchange 
Commission, including, but not limited to, its annual report on Form 
20-F. 
 
   This information is subject to the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Frontline Ltd. via Globenewswire 
 
   HUG#1894377 
 
 
  http://www.frontline.bm/ 
 

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