HAMILTON, Bermuda, Oct. 17, 2003 (PRIMEZONE) — Vice Chairman in Frontline Ltd. (NYSE:FRO), Tor Olav Troeim has extended the forward contract in Frontline Ltd. that was reported April 8. The new forward contract contains the same 110.000 shares has a purchase price of NOK 89,29 and expires 15.04.04. Troeims total holding in Frontline remains at 194.934 shares.