Frontline Ltd. – Presentation of third quarter 2001 results

12.11.2001

On Wednesday 14 November 2001, Frontline will present the results for third quarter 2001 as follows:

1. Presentation

A presentation will take place in Oslo at Stranden 21 (DnB building) in the Auditorium at second floor at 08:30 A.M. If you wish to attend please confirm to:

Mrs Bente Thommessen or Mrs Elisabeth Røer at +47 23 11 40 00.

2. Teleconference and webcast

A conference call will be held at 04:00 P.M. CET (Norwegian time).

Wednesday morning, the presentation will be available for download at www.frontline.bm – click “Investor Relations” – “Presentations” – “Presentation of 3rd Quarter 2001”.

To listen you may do one of the following:

A. Webcast

Go to “Investor relations” and click on the link “Conference Call Q3”.

To listen to the conference call from the web, you need to have installed Windows Media Player or Real Player, and you need to have a sound card on your computer.

B. Teleconference

Call at +47-23 00 04 00, or free of charge from Norway at 80080119, tell the operator you wish to participate in the Frontline conference call.

There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the call.

If you are not able to participate at the time of the call, you can listen to a replay of the conference call directly from www.frontline.bm (investor relations) or a playback:

dial +47-22331113

accountno: 1114 followed by # (pound-sign)

press 1

conferenceno: 114 followed by # (pound-sign)

press 1 to play

Kind regards

Inger M. Klemp