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Miscellaneous

One employee of Frontline has exercised options to acquire a total of 10,000 shares in Frontline. All shares have been acquired at a strike price of NOK 28.66 per share. Total proceeds were NOK 286,600.
 
Total number of outstanding shares after this is 76,466,066.
 
 
Hamilton, Bermuda
7 March, 2003


Contact persons:

Ola Lorentzon, +47 23 11 40 00



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