HAMILTON, Bermuda, Sept. 11, 2003 (PRIMEZONE) — Employees of Frontline (NYSE:FRO) have exercised options to acquire a total of 10,000 shares in Frontline. All shares have been acquired at a strike price of USD 8.60 per share. Total proceeds were USD 86,000.00.
Total number of outstanding shares after this is 73,522,897.
Hamilton, Bermuda 10 September, 2003
CONTACT: Frontline Ltd.
Ola Lorentzon
+47 23 11 40 00