>>> Frontline : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue



From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: Feb 13 2015 08:40:51
Subject: >>> Frontline : FRO NO : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue
FRO NO : Buyback of 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015

The Company has through market purchases executed February 12, 2015 bought USD 33,300,000 notional in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 - ISIN NO 001057149.0 at a purchase price of 99%.

After the purchase, Frontline holds USD 131,600,000 notional representing 58.5% in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 - ISIN NO 001057149.0.