FRO Frontline

 
TIDMFRO 
 
 
   Reference is made to the announcement on May 29, 2015, that Frontline 
Ltd. (NYSE/OSE: FRO) (the "Company" or "Frontline") had entered into a 
heads of agreement to amend the terms of the long term charter 
agreements with Ship Finance International Limited ("Ship Finance"). 
 
   The new agreement has now been completed, and 55 million new Frontline 
shares have after close of trading on June 5, 2015, been issued to Ship 
Finance. Following such issuance, Frontline has an issued share capital 
of USD 198,375,854 divided into 198,375,854 ordinary shares par value 
USD 1 each. 
 
 
 
   Frontline has agreed to register the new shares for resale with the US 
Securities and Exchange Commission. The new shares will be eligible for 
listing and trading on the Oslo Stock Exchange upon approval of a 
listing prospectus by the Norwegian Financial Supervisory Authority 
(expected during July 2015). 
 
 
 
 
 
   June 5, 2015 
 
   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 
 
 
 
 
 
 
 
   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#1926836 
 
 
  http://www.frontline.bm/ 
 

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