FRO - Termination of charter-in contract of Front Century

Frontline Ltd. ("Frontline" or the "Company") today announced that it has agreed
with Ship Finance International Limited ("Ship Finance") to terminate the long
term charter for the 1998 built VLCC Front Century. Ship Finance has
simultaneously sold the vessel to an unrelated third party. We expect the vessel
to cease operating as a conventional tanker and the charter with Ship Finance
will terminate in the first quarter of 2017.

Frontline has agreed a compensation payment to Ship Finance of approximately $4
million for the termination of the current charter.

"Fleet renewal is an important part of Frontline's long-term strategy, due to
the fact that older vessels are becoming increasingly difficult to trade" said
Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS. "

Following this termination, the number of vessels on charter from Ship Finance
will be reduced to 12 vessels, including 10 VLCCs and two Suezmax tankers.



November 7, 2016

The Board of Directors
Frontline Ltd.
Hamilton, Bermuda



Questions should be directed to:
Robert Hvide Macleod: CEO, Frontline Management AS
+47 23 11 40 00
Inger M. Klemp: CFO, Frontline Management AS
+47 23 11 40 00



Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking
statements. Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and underlying
assumptions and other statements, which are other than statements of historical
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"estimate," "forecast," "project," "plan," "potential," "may," "should,"
"expect," "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various
assumptions, many of which are based, in turn, upon further assumptions.
Although Frontline believes that these assumptions were reasonable when made,
because these assumptions are inherently subject to significant uncertainties
and contingencies which are difficult or impossible to predict and are beyond
the control of Frontline, Frontline cannot assure you that they will achieve or
accomplish these expectations, beliefs or projections. The information set forth
herein speaks only as of the date hereof, and Frontline disclaims any intention
or obligation to update any forward-looking statements as a result of
developments occurring after the date of this communication.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.