Frontline Ld Fro - 2015 Annual General Meeting

 
TIDMFRO 
 
 
   Frontline Ltd. (the "Company") advises that the 2015 Annual General 
Meeting of the Shareholders of the Company was held on September 18, 
2015 at 10:15 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget 
PG04, Bermuda.  The audited consolidated financial statements for the 
Company for the year ended December 31, 2014 were presented to the 
Meeting. 
 
   In addition, the following resolutions were passed: 
 
   1)      To re-elect John Fredriksen as a Director of the Company. 
 
   2)      To re-elect Kate Blankenship as a Director of the Company. 
 
   3)      To re-elect Georgina E. Sousa as a Director of the Company. 
 
   4)   To re-elect Ola Lorentzon as a Director of the Company. 
 
   5)   To re-elect Robert Hvide Macleod as a Director of the Company. 
 
   6)   To re-appoint PricewaterhouseCoopers AS of Oslo, Norway as auditors 
and to authorise the Directors to determine their remuneration. 
 
   7)   That the remuneration payable to the Company's Board of Directors 
of a total amount of fees not to exceed US$600,000.00 be approved for 
the year ended December 31, 2015. 
 
   In addition, at a Board Meeting held following the Annual General 
Meeting of the Shareholders, Robert Hvide Macleod was appointed as 
Principal Executive Officer. Mr. John Fredriksen will continue to serve 
as Chairman of the Board of Directors of the Company. 
 
   Hamilton, Bermuda 
 
   September 18, 2015 
 
   Important Information For Investors And Shareholders 
 
   This communication does not constitute an offer to sell or the 
solicitation of an offer to buy any securities or a solicitation of any 
vote or approval. In connection with the proposed transaction between 
Frontline and Frontline 2012, Frontline has filed relevant materials 
with the Securities and Exchange Commission (the "SEC"), including a 
registration statement of Frontline on Form F-4 (File No. 333-206542) , 
filed on August 24, 2015, that includes a joint proxy statement of 
Frontline 2012 and Frontline that also constitutes a prospectus of 
Frontline.  The registration statement has not yet become effective. 
After the registration statement is declared effective by the SEC, a 
definitive joint proxy statement/prospectus will be mailed to 
shareholders of Frontline 2012 and Frontline. INVESTORS AND SECURITY 
HOLDERS OF FRONTLINE 2012 AND FRONTLINE ARE URGED TO READ THE JOINT 
PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS THAT WILL BE FILED WITH 
THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE 
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.  Investors and security 
holders will be able to obtain free copies of the registration statement 
and the joint proxy statement/prospectus (when available) and other 
documents filed with or furnished to the SEC by Frontline through the 
website maintained by the SEC at http://www.sec.gov. Copies of the 
documents filed with or furnished to the SEC by Frontline will be 
available free of charge on Frontline's website at 
http://www.Frontline.bm. Additional information regarding the 
participants in the proxy solicitations and a description of their 
direct and indirect interests, by security holdings or otherwise, will 
be contained in the joint proxy statement/prospectus and other relevant 
materials to be filed with or furnished to the SEC when they become 
available. 
 
   This information is subject to the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Frontline Ltd. via Globenewswire 
 
   HUG#1953355 
 
 
  http://www.frontline.bm/ 
 

(END) Dow Jones Newswires

September 21, 2015 02:51 ET (06:51 GMT)

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