Vice Chairman in Frontline Ltd. Tor Olav Trøim has extended the forward contract in Frontline Ltd. that was reported April 8th. The new forward contract contains the same 110.000 shares has a purchase price of NOK 89,29 and expires 15.04.04. Trøims total holding in Frontline remains at 194.934 shares.
Hamilton, Bermuda
17 October 2003