Frontline Plc — Remuneration Information 2016

Jul 6, 2016

FRO - Grant of share options to members of the Board of Directors and management

FRO - Grant of share options to members of the Board of Directors and management

Frontline Ltd. ("Frontline" or the "Company") hereby

announces that 1,170,000 share options have been

awarded to employees and board members in accordance

with the terms of the Company's Share Option Scheme.

The share options will have a five-year term and will

vest equally one third over a three-year vesting

period. The exercise price is USD 8.00. The exercise

price will be adjusted for any distribution of

dividends made before the relevant options are

exercised.

Furhter information enclosed.

July 5, 2016

The Board of Directors

Frontline Ltd.

Hamilton, Bermuda

This information is subject to the disclosure

requirements pursuant to section 5-12 and 4-2 of the

Norwegian Securities Trading Act.