Frontline Ltd.: Cancellation of Purchase of Berge Tokyo

17.08.2001

OSLO, Norway, August 17, 2001 (PRIMEZONE) — The intended purchase of the tanker, Berge Tokyo, by Frontline (Nasdaq:FRONY) and partners in Tankers International, has been cancelled under the terms of the sale & purchase agreement with Bergesen d.y. ASA.


CONTACT:  Frontline Ltd., Oslo
          Ola Lorentzon
          +47 23 11 40 00

          Kate Blankenship
          +1 441 295 6935