Frontline Plc — Major Shareholding Notification 2014

Oct 31, 2014

Notification

Notification

Hemen Holding Limited, which is indirectly controlled

by trusts established by John Fredriksen for the

benefit of his immediate family, owns 26,304,053

shares in Frontline Ltd. As a consequence of new

shares issued by Frontline Ltd. under the company's

debt for equity exchange agreement October 28, 2014,

Hemen Holding Limited's ownership in Frontline Ltd.

has been reduced to 24.6%.

Hemen Holding Limted

30 October 2014