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



Frontline Ltd.

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

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 December 31, 1997.

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

Hamilton, Bermuda, December 15, 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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