Reference is made to the announcement by Frontline Ltd. ("Frontline" or the
"Company") of the Company's grant of share options to members of the Board of
Directors and management on July 06, 2016 and the Mandatory Notification of
Trade on December 09, 2019. In this connection, Frontline has issued 798,000
ordinary shares on January 03, 2020. Following such issuance, Frontline has an
issued share capital of USD 197,692,321 divided into 197,692,321 ordinary
shares.


January 06, 2020
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 of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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