FRONTLINE ACQUIRES MORE SHARES IN ICB SHIPPING AB



Frontline Ltd.

Frontline Ltd. has acquired more shares in the Swedish shipping company ICB Shipping AB. After this, Frontline controls 36.2% of the share capital and 22.8% of the votes in ICB.

Oslo, September 24, 1997
Frontline Management AS



Tom E. Jebsen
CFO

Contact person: Tom E. Jebsen, CFO, +47-23-11-40-00

Frontline Ltd. Hugin



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