Frontline Announces Conference Call

08.05.2001

OSLO, Norway, May 8, 2001 (PRIMEZONE) — In connection with its release of the first quarter 2001 report, Frontline Ltd. (Nasdaq:FRONY) will hold a presentation on the Internet at 11 a.m. Eastern Time (4 p.m. GMT) on Wednesday, May 9 at: www.vcall.com/NASApp/VCall/EventPage?ID=74727

The presentation will be available at the above link and on www.frontline.bm

The presentation will be held by Mr. Ola Lorentzon and Mr. Tom E. Jebsen, respectively CEO and CFO of Frontline Management AS.

Any questions can be forwarded to Ole G. Stenhagen at: OG.Stenhagen@fearnleys.no

Stenhagen is a shipping analyst at Fearnley Fonds, a Norwegian broker house. He will forward questions at the end of the presentation.


CONTACT: Frontline Ltd., Oslo
         Tom Jebsen, Financial Manager/Finansdirektor  
         011 47 23 11 40 00  ext: 021
         Fax: 011 47 23 11 40 44