Presentation of second quarter 2001 results

Frontline will hold separate presentation and teleconference on Wednesday 15 August 2001 as follows:

1. Presentation

A presentation will take place in Oslo at Grev Wedels Plass 9 (Fearnley bygget) first floor at 08:30 A.M. If you wish to attend please confirm to Mrs Bente Thommessen or Mrs Kristin Opdan at +47 23 11 4000.

2. Teleconference

A conference call will be held at 04:00 P.M. European Standard Time. The presentation will be available from Wednesday morning at www.frontline.bm - click "Investor Relations" - "Presentations" - "Presentation of 2nd Quarter 2001, August 14, 2001".

To listen you may do one of the following:

A. Go back to "Investor relations" and click on the link "Conference call" OR
B. Call at +47 23 00 04 00 (from Norway you may call free of charge at 800 801 19), tell the operator you wish to participate in the Frontline conference call.

There will be a Q&A session after the presentation. Information on how to question will be given at the beginning of the call.

If you are not able to participate at the time of the call but wish to listen to a replay, this will be possible either on our web site or by:

dial +47 22 33 11 13
accountno: 1114 followed by # (pound-sign) press 1
conferenceno: 114 followed by # (pound-sign) press 1 to play


Kind regards
Inger M. Klemp