FRO – Correction 4Q 2015 dividend information


With reference to the fourth quarter 2015 report released on February 29, 2016 where the board declared a dividend of $ 0.35 per share payable on or about March 18, 2016.

The record date will be adjusted to the March 11, 2016 on NYSE and OSE.

On NYSE the ex. dividend date is March 9, 2016 and last day of trading right to receive dividend is March 8, 2016.

On OSE the ex. dividend date is March 10, 2016 and last day of trading right to receive dividend is March 9, 2016.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. 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. Words, such as, but not limited to “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. 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 the control of Frontline, Frontline cannot assure you that they will achieve or accomplish these expectations, beliefs or projections. The information set forth herein speaks only as of the date hereof, and Frontline disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

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