Frontline Ltd: Amendment to Ex-Dividend Date

16.11.2001

OSLO, Norway, Nov. 16, 2001 (PRIMEZONE) — On November 12, 2001 Frontline (NYSE:FRO) announced a cash dividend of $0.10 per share with ex-dividend date November 20, 2001, record date November 22, 2001 and payment date on or about December 5, 2001.

Due to the November 22, 2001 Thanksgiving holiday in the United States, it is necessary to amend the ex-dividend date to November 19, 2001. The record date is unchanged at November 22, 2001 and payment date in unchanged on or about December 5, 2001.


CONTACT: Frontline Ltd.
         Kate Blankenship
         +1 441 295 6935

         Tom E. Jebsen
         +47 23 11 40 00