Capital adjustments
 Press
release from Frontline Ltd. - 12.05.2003 |
Employees of Frontline have exercised options to acquire a total of 37,500 shares in Frontline. All shares have been acquired at a strike price of NOK 27.58 per share. Total proceeds were NOK 1,034,250.
Total number of outstanding shares after this is 76,517,066.
Hamilton, Bermuda
11 May, 2003
Contact persons:
Ola Lorentzon, +47 23 11 40 00
