We refer to the fourth quarter report released on February 27, 2007. Frontline Ltd. is trading ex-dividend of a cash dividend of $2.05 per share and a share distribution of three shares in Ship Finance International Limited for every 28 shares held in Frontline Ltd. today March 6, 2007. The record date for both is March 8, 2007, and both will be paid/distributed on or about March 22, 2007.
For further information about the company please visit our web-site: www.frontline.bm.
Oslo, March 6, 2007