Frontline`s offer of SEK 115 per B-share is extended



Frontline Ltd.

Frontline has decided to maintain, at unchanged conditions, the previous offer to the shareholders of ICB Shipping AB of SEK 115 per B-share and SEK 130 per A-share, for the time being until November 21, 1997.

Frontline nevertheless reserves the right to withdraw the offer prior to the above mentioned date.


Hamilton, Bermuda, November 17, 1997


Frontline Ltd
Board of Directors

Questions should be directed at:
Tom E. Jebsen, CFO of Frontline Management AS, Tel +47 23 11 40 00

Frontline Ltd. Hugin



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