Frontline Plc - Major Shareholding Notification 2015

FRO - Exempted from Norwegian takeover rules

Frontline Ltd. ("Frontline") (NYSE/OSE: FRO) has a primary listing of its shares

on New York Stock Exchange ("NYSE") and a secondary listing on Oslo Stock

Exchange ("OSE"). Due to its primary listing on NYSE, Frontline is subject to

tender offer rules set out in U.S. securities laws which include certain

obligations towards the U.S. Securities and Exchange Commission. The OSE, in its

capacity as take-over supervisory authority in Norway, has on June 2, 2015,

resolved to exempt Frontline from the provisions regulating voluntary and

mandatory takeover bids in Chapter 6 of the Norwegian Securities Trading Act

(the "Norwegian Takeover Rules"). Consequently, trading in the shares of

Frontline will not be subject to the Norwegian Takeover Rules.

June 2, 2015

Frontline Ltd.

Hamilton, Bermuda

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1925921]

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