FRO -- Increase in share capital

HAMILTON, BERMUDA--(Marketwired - Aug 1, 2013) - Reference is made to the announcement by Frontline Ltd. ("Frontline" or the "Company") of the Company's entry into an at the market equity distribution program on June 6, 2013.

Frontline has issued 329,532 new ordinary shares under that program during the month of July 2013. Following such issuance, Frontline has an issued share capital of USD 78,843,586 divided into 78,843,586 ordinary shares.

July 31, 2013 The Board of Directors Frontline Ltd. Hamilton, Bermuda

Questions should be directed to:

Jens Martin Jensen: Chief Executive Officer Frontline Management AS +47 23 11 40 00 Inger M. Klemp: Chief Financial Officer Frontline Management AS +47 23 11 40 00

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Frontline Ltd. via Thomson Reuters ONE

[HUG#1720404]

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