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2015-04-01

Frontline Ltd.: FRO - Increase in share capital

Reference is made to the announcement by Frontline Ltd. ("Frontline" or the
"Company") of the Company's entry into an at the market equity distribution
agreement on June 6, 2013, which was amended and restated on January 21, 2014
and on January 28, 2015.

Frontline has issued 1,278,844 ordinary shares pursuant to the equity
distribution agreement during the month of March 2015. Following such
issuance, Frontline has an issued share capital of USD 124,534,280 divided
into 124,534,280 ordinary shares.

March 31, 2015
The Board of Directors
Frontline Ltd.
Hamilton, Bermuda

Questions should be directed to:

Robert Hvide Macleod: Chief Executive Officer, Frontline Management AS
+47 23 11 40 00

Inger M. Klemp: Chief Financial Officer, Frontline Management AS
+47 23 11 40 00
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Frontline Ltd. via Globenewswire

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