Frontline: Notice of Results; Preliminary Q4 02 and 2002 Results

21.02.2003

HAMILTON, Bermuda, Feb. 21, 2003 (PRIMEZONE) — Frontline (NYSE:FRO):

1. Release

Frontline’s Preliminary Fourth Quarter and Financial Year 2002 results will be released on Monday, February 24, 2003 at 08:30 AM CET (Norwegian time).

2. Presentation

A presentation of Frontline’s Preliminary Fourth Quarter and Financial Year 2002 results will take place in Oslo at Stranden 21 (DnB building) in the Auditorium on second floor on Monday, February 24, 2003 at 08:30 AM 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 04:00 PM CET (Norwegian time) Monday, February 24, 2003. The presentation will be available to download from the Investor Relations section at www.frontline.bm (go to “Presentations”) from Monday 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 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

accountno: 1170 followed by # (pound-sign) press 1 conferenceno: 170 followed by # (pound-sign) press 1 to play.

Kind regards,

Inger M. Klemp

CONTACT:  Frontline
          Inger M. Klemp
          +47 14 41 295 6935 
          +47 14 41 295 3494 
          www.frontline.bm