FRO – US$225,000,000 4.50 per cent Frontline Ltd. Convertible Bond Issue 2010/2015 – ISIN NO 0010571490

08.09.2010

On August 27, 2010 Frontline Ltd. announced a dividend of $0.75 per share. The Conversion Price has been adjusted on the Convertible Bond from $38.0895 to $37.0483 per share effective on September 8, 2010, which was the ex-dividend date. More information about the convertible bond can be found in the Bonds section on Frontline Ltd.’s website: http://www.frontline.bm/IR/bonds.shtml or on http://www.stamdata.no/.

Hamilton, Bermuda

September 8, 2010

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)