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Frontline Plc Capital/Financing Update 2019

Oct 30, 2019

6242_rns_2019-10-30_464cb57b-a2f9-452f-8fce-bbcfbdb84334.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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Frontline Ltd. (the “Company” or “Frontline”) (NYSE: FRO) today announces that it has extended the terms of its senior unsecured revolving credit facility of up to $275.0 million with an affiliate of Hemen Holding Ltd. by 6 months to May 2021.

October 30, 2019

The Board of Directors

Frontline Ltd.

Hamilton, Bermuda

Questions should be directed to:

Robert Hvide Macleod: Chief Executive Officer, Frontline Management AS

+47 23 11 40 84

Inger M. Klemp: Chief Financial Officer, Frontline Management AS

+47 23 11 40 76

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