Ex reverse split 02.02.2016

Reference is made to announcements from the company
29.01.2016 and 01.02.2016.

The shares in Frontline Ltd. will be traded ex reverse
split as from 02.02.2016.

5 old shares give 1 new share.

New - EMS: 100
New - ISIN: BMG3682E1921
*No change - Face Value USD 1.00
No change - Instrument ID: 38027
No change - Trading Currency: NOK
No change - Segment: OBX

In connection to the Capital Reorganisation announced
29.01.2016 the company's share capital will be as
follows:

Number of shares: 156,387,529
Face Value: USD 1.00

Note: The Members are advised to delete own overnight
orders before 17:15 (CET). After 17:15 (CET) overnight
orders will be deleted by the Exchange.