HEMEN HOLDINGS LTD.
740B John Kennedy Street
26 September 2002
Hemen Holdings Ltd. has through market purchases on 25 September acquired 250,000 shares in Frontline Ltd. The shares have been acquired at an average price of NOK 28.29. Hemen Holdings Ltd owns after this 34,829,054 shares in Frontline Ltd., equivalent to 45.5 % of all oustanding shares.
Hemen Holdings Ltd. is indirectly controlled by Frontline Ltd.’s Chairman John Fredriksen.
Hemen Holdings Ltd.