Frontline Ltd. — Dividend Information

02.03.2006

HAMILTON, Bermuda, March 2, 2006 (PRIMEZONE) — We refer to the fourth quarter report released on February 17, 2006. Frontline Ltd. is trading ex-dividend of a cash dividend of $1.50 per share and a share distribution of one share in Ship Finance International Limited for every 20 shares held in Frontline Ltd. today March 2, 2006. The record date for both are March 6, 2006, and both will be paid/distributed on or about March 20, 2006.

For further information about the company please visit our web-site: www.frontline.bm.