The Board of Frontline Ltd has decided on paying out $2.05 cash dividend and distributing dividend shares 3:28 in Ship Finance Int. Ltd, (whereby 28 Frontline shares entitles the holder to 3 Ship Finance shares). OBX adjustments will be done according to rule 4.46.6.3. Please see attachments.
Derivatives: Adjustment of OBX Index due to cash and stock dividend in Frontline (2/07)
| Source: Derivatives