Capital adjustments
 Press
release from Frontline Ltd. - 23.05.2003 |
One employee of Frontline has exercised options to acquire a total of 13.000 shares in Frontline. All shares have been acquired at a strike price of NOK 27.58 per share. Total proceeds were NOK 358.540.
Total number of outstanding shares after this is 76,543,066.
Hamilton, Bermuda
23 May, 2003
Contact persons:
Ola Lorentzon, +47 23 11 40 00
