Frontline Ltd. will trade last day before ex dividend on the Oslo Stock Exchange today Wednesday June 2. Tomorrow Thursday June 3 the share will go ex dividend.
The term “ex dividend” relates to both the cash dividend USD 5.00 per share and the shares allocated in Ship Finance International Limited (SFL), in which four shares in Frontline gives one share in SFL.
Please note that this message only relates to Frontline shares trading in Oslo, and that a different solution is applied to shares traded on New York Stock Exchange, as described in the report for the first quarter 2004.
Hamilton, Bermuda
June 1, 2004