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FRO - Announces Equity Distribution Agreement

FRO - Announces Equity Distribution Agreement 
HAMILTON, BERMUDA -- (Marketwired) -- 06/06/13 --  Frontline Ltd.
(NYSE: FRO) ("Frontline") announces that it has entered into an
equity distribution agreement with Morgan Stanley & Co. LLC, ("Morgan
Stanley") under which Frontline may, at any time and from time to
time, offer and sell new ordinary shares having aggregate sales
proceeds of up to $40.0 million through Morgan Stanley in an
at-the-market offering.  Frontline expects to use proceeds from this
offering for general corporate purposes and to supplement its working
capital requirements. 
Sales of Frontline's ordinary shares, if any, will be made by means
of ordinary brokers' transactions on the New York Stock Exchange, or
otherwise at market prices prevailing at the time of sale, at prices
related to the prevailing market prices, or at negotiated prices. 
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities and shall not constitute an
offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful. The offering is being made by means
of a prospectus and related prospectus supplement. A prospectus
supplement related to the offering has been filed with the Securities
and Exchange Commission. Copies of the prospectus and prospectus
supplement relating to the offering may be obtained from the offices
of Morgan Stanley at 180 Varick Street, Second Floor, New York, New
York 10014, Attention: Prospectus Department or by email at
prospectus@morganstanley.com. 
June 6, 2013 
The Board of Directors 
Frontline Ltd. 
Hamilton, Bermuda 
FORWARD LOOKING STATEMENTS 
Matters discussed in this press release may constitute
forward-looking statements.  The Private Securities Litigation Reform
Act of 1995 provides safe harbor protections for forward-looking
statements in order to encourage companies to provide prospective
information about their business.  Forward-looking statements include
statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts.
Frontline desires to take advantage of the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995 and is including
this cautionary statement in connection with this safe harbor
legislation. The words "believe," "anticipate," "intends,"
"estimate," "forecast," "project," "plan," "potential," "will," "may,"
"should," "expect" "pending" and similar expressions identify
forward-looking statements. 
The forward-looking statements in this document are based upon
various assumptions, many of which are based, in turn, upon further
assumptions, including without limitation, management's examination of
historical operating trends, data contained in Frontline's records and
other data available from third parties.  Although Frontline believes
that these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond Frontline's control, you cannot be assured that Frontline will
achieve or accomplish these expectations, beliefs or projections.
Frontline undertakes no duty to update any forward-looking statement
to conform the statement to actual results or changes in
expectations. 
Important factors that, in Frontline's view, could cause actual
results to differ materially from those discussed in the
forward-looking statements include, without limitation: the strength
of world economies and currencies, general market conditions,
including fluctuations in charterhire rates and vessel values,
changes in demand in the tanker market, including but not limited to
changes in OPEC's petroleum production levels and world wide oil
consumption and storage, changes in Frontline's operating expenses,
including bunker prices, drydocking and insurance costs, the market
for Frontline's vessels, availability of financing and refinancing,
ability to comply with covenants in such financing arrangements,
failure of counterparties to fully perform their contracts with us,
changes in governmental rules and regulations or actions taken by
regulatory authorities, potential liability from pending or future
litigation, general domestic and international political conditions,
potential disruption of shipping routes due to accidents or political
events, vessel breakdowns, instances of off-hire and other important
factors.  For a more complete discussion of these and other risks and
uncertainties associated with Frontline's business, please refer to
Frontline's filings with the Securities and Exchange Commission,
including, but not limited to, its annual report on Form 20-F. 
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#1707864] 
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
 
 
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