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Capital adjustments
Press
release from Frontline Ltd. - 19.05.2003 |
One employee of Frontline has exercised options to acquire a total of 4,000 shares in Frontline. All shares have been acquired at a strike price of NOK 27.58 per share. Total proceeds were NOK 110,320.
Total number of outstanding shares after this is 76,521,566.
Hamilton, Bermuda
19 May, 2003
Contact persons:
Ola Lorentzon, +47 23 11 40 00
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