HAMILTON, Bermuda, Dec. 4, 2006 (PRIME NEWSWIRE) — Frontline Ltd. (the “Company”) advises that the 2006 Annual General Meeting of the Company was held on December 1, 2006 at 9:30 a.m. at the Fairmont Hamilton Princess, 76 Pitts Bay Road, Hamilton, Bermuda. The following resolutions were passed:
1) To re-elect John Fredriksen as a Director of the Company. 2) To re-elect Tor Olav Troeim as a Director of the Company. 3) To re-elect Kate Blankenship as a Director of the Company. 4) To re-elect Frixos Savvides as a Director of the Company. 5) To appoint PricewaterhouseCoopers of Oslo, Norway as auditors and to authorise the Directors to determine their remuneration. 6) To an amendment to the Company's Bye-law 110. to change the requirements for the form of, and signatories to, the seal of the Company
In addition, the audited consolidated financial statements for Frontline Ltd. for the year ended December 31, 2005 were presented to the Meeting.
Hamilton, Bermuda December 4, 2006