HAMILTON, Bermuda, Sept. 09, 2003 (PRIMEZONE) -- Employees of Frontline (NYSE:FRO) have exercised options to acquire a total of 1,999 shares in Frontline. All shares have been acquired at a strike price of USD 8.60 per share. Total proceeds were USD 17,191.40.
Total number of outstanding shares after this is 73,512,897.
Hamilton, Bermuda 8 September, 2003