Press release from Frontline Ltd. 16.10.2013
Reference is made to the announcement by Frontline Ltd. ("Frontline" or the "Company") of the Company's entry into a debt for equity exchange agreement October 11, 2013.
Frontline has on October 15, 2013 issued 5,809,129 new ordinary shares. Following such issuance, Frontline has an issued share capital of USD 84,652,715 divided into 84,652,715 ordinary shares.
October 15, 2013The Board of DirectorsFrontline Ltd.Hamilton, Bermuda
Questions should be directed to:
Jens Martin Jensen: Chief Executive Officer, Frontline Management AS+47 23 11 40 00Inger M. Klemp: Chief Financial Officer, Frontline Management AS+47 23 11 40 00