Frontline Ltd. — Q1 2002 Results

16.05.2002

OSLO, Norway, May 16, 2002 (PRIMEZONE) — 1. Release

Frontline’s (NYSE:FRO) First Quarter 2002 results will be released on Tuesday May 21, 2002 at 8:00 am. CET (Norwegian time).

2. Presentation

A presentation of Frontline’s First Quarter 2002 results will take place in Oslo at Stranden 21 (DnB building) in the Auditorium on second floor on Tuesday May 21, 2002 at 8:00 a.m. CET (Norwegian time). If you wish to attend please confirm to:

Mrs. Anne Olden at +47 23 11 40 00

3. Teleconference and webcast

A conference call will be held at 4 p.m. CET (Norwegian time) Tuesday May 21, 2002. The presentation will be available to download from the Investor Relations section at www.frontline.bm (go to “Presentations”) from Tuesday morning.

To listen you may do one of the following:

A. Webcast

Go to the Investor Relations section at www.frontline.bm and click on the link to “Webcast”

To listen to the conference call from the web, you need to have installed Windows Media Player or Real Player, and you need to have a sound card on your computer.

B. Teleconference

Call at +47 23 00 04 00, or if calling from within Norway, free of charge at 800 80 119. Tell the operator you wish to participate in the Frontline conference call.

There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the call.

Please download the presentation material from www.frontline.bm to view it while listening to the conference.

If you are not able to participate at the time of the call, you can either listen to a replay of the conference call on www.frontline.bm (Investor Relations) or listen to a playback by:


 dial +47 22 76 91 21

 account #: 1170 followed by # (pound-sign) 

 press 1 

 conference #: 170 followed by # (pound-sign) 

 press 1 to play 

  Kind regards,
 Inger M. Klemp
CONTACT: Frontline Ltd., Oslo
         Inger M. Klemp         
         (441) 295-6935 
         Fax: (441) 295-3494 
         http://www.frontline.bm/