(FRO.L) Frontline Ltd Buy/Sell

FRO - Invitation to presentation of Q3 2009 Results

Frontline Ltd.'s third quarter 2009 results will be released on Friday November 27, 2009. In connection with this a presentation and a teleconference/webcast will be held as described below:

1. Presentation A presentation of Frontline Ltd.'s third quarter 2009 results will take place in Oslo at Stranden 21 (DnB NOR building at Aker Brygge) on Friday November 27, 2009 at 08:30 A.M. If you wish to attend please confirm to our Reception at +47 23 11 40 00 or by email to ir@frontmgt.no.

2. Teleconference and webcast A conference call will be held at 03:00 P.M. Central European Time (9:00 A.M. EST) on Friday November 27, 2009. The presentation will be available for download from the Investor Relations section at www.frontline.bm Friday morning.

In order to listen to the conference call you may do one of the following:

a. Webcast Go to the Investor Relations section at www.frontline.bm and click the "Webcast" link. To listen to the conference call from the web, you need to have installed Windows Media Player, and you need to have a sound card on your computer.

b. Conference Call

PARTICIPANTS DIAL IN TELEPHONE NUMBERS

International Dial In +44 (0) 207 806 1953
Norway Toll Free 800 19640
UK Toll Free 0800 028 1243
USA Toll Free 1888 935 4575

Participants will be asked for their full name & Conference ID. The Conference ID is 5508482.

There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the Q&A session.

Please download the presentation material from www.frontline.bm in order to follow the presentation slides while listening to the conference.

ENCORE DETAILS

Encore Replay Access Number: 5508482#
International Dial In/UK Local +44 (0) 207 111 1244
Norway Dial In +47 2100

0498
UK Toll Free 0800 358 7735
USA Toll Free 1866 932 5017

Participant information required: Full Name & Company

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Nov 13 (Reuters) - FBR Capital Markets upgraded its outlook for tankers to "overweight" on expectations that the supply of vessels will fall in tune with the demand in 2010 with the phasing out of single-hull vessels and a shifting seaborne transportation landscape.
"The IEA (International Energy Agency) expects oil demand growth to resume in 2010, with recent upward revisions creating further positive implications for the tanker market," FBR analysts said in a note to clients.
"Consequently, 2009 looks to be the worst year for tankers as 2010 marks the beginning of a recovery," they added.
Day rates for very large crude carriers will likely rise to $33,000 in 2010 from $29,000 in 2009, prompting price target revision for tanker firms, the note said.
Frontline Ltd is amongst the brokerage's top picks as it is well-positioned to capture the strength in the sector with high exposure to tanker markets.
FBR upgraded its rating on the stock to "outperform" and also raised its price target to $33.
It also raised its target for Nordic American Tanker Shipping Ltd to $34 from $30, while maintaining its "outperform" rating on Overseas Shipholding Group and General Maritime

(Reporting by Swati Pandey in Bangalore; Editing by Anil D'Silva)

((swati.pandey@thomsonreuters.com; Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780, +91-22-6636-9123, Reuters Messaging: swati.pandey.reuters.com@reuters.net)) Keywords: TANKERS/RESEARCH FBR (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)

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Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Stocks on the move

Real-time Equity news

U.S. stock market report 0747 EST 13Nov2009-FBR upgrades tanker sector to "overweight" ------------------------------------------------------------------------------

FBR Capital Markets on Friday upgraded the tanker sector to "overweight," expected "marked improvement in the supply/demand balance in 2010."

The firm expects day rates for very large crude carriers to increase from $29,000 in 2009 to $37,000 in 2011.

As part of its call, FBR upgraded Frontline Ltd to "outperform," saying the company was "best positioned to capture the coming strength."

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0738 EST 13Nov2009-Futures up ahead of data on consumers ------------------------------------------------------------------------------

U.S. stock index futures were up on Friday, following a sell-off in Thursday's session, as investors awaited data on consumer spending.

Some positive corporate earnings results, including from Dow component Walt Disney Co late Thursday, also lifted sentiment.

For details, see

Dow Jones industrial average futures rose 11 points while S&P 500 futures gained 2.9 points and Nasdaq 100 futures were up 3.25 points.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0734 EST 13Nov2009-Dollar General IPO prices at low end of range ------------------------------------------------------------------------------

Dollar General Corp late Thursday priced shares in its initial public offering at $21 each, the low end of an expected range.

The discount retailer, which is almost entirely owned by private equity firm Kohlberg Kravis Roberts & Co, had expected the shares to sell for between $21 and $23 each. Dollar General and KKR sold a total of 34.1 million shares, yielding gross proceeds of $716.1 million in the IPO.

For details, see

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0727 EST 13Nov2009-Dell to introduce smartphone based on Android ------------------------------------------------------------------------------

Dell Inc said on Friday it will sell smartphones equipped with Google Inc's Android mobile software.

The company plans to sell its new Mini 3 smartphones through Claro, part of the America Movil network, and China Movil. Details on the phones will be announced when the devices are available in stores around late November for China Mobile and around the end of the year for Claro, it said.

Shares of Dell closed Thursday at $15.45.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0724 EST 13Nov2009-Bain in $1.1 bln deal for Citi Bellsystem: source ------------------------------------------------------------------------------

Bain Capital is finalizing a roughly $1.1 billion deal to buy Citigroup's Bellsystem 24 unit, three sources familiar with the matter said.

It would be the largest buyout by a foreign private equity firm in Japan in nearly two years.

Bellsystem 24 is Citigroup's Japanese telemarketer division.

For details, see

Shares of Citi rose 2 cents to $4.08 in premarket trading.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0721 EST 13Nov2009-Crude oil edges higher as dollar slips ------------------------------------------------------------------------------

December crude futures edged higher on Friday, lifted by renewed weakness in the U.S. dollar, though rising fuel inventory levels limited gains.

For details, see

The stock was up 0.2 percent to $77.05 per barrel.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0716 EST 13Nov2009-Liberty Global to buy Unitymedia for $5.2 bln ------------------------------------------------------------------------------

Liberty Global on Friday agreed to buy Unitymedia from a private equity group for $5.2 billion.

The sale by a shareholder group led by BC Partners and Apollo comprises $3 billion in equity and $2.2 billion in debt, and is the largest private-equity exit in Europe this year.

For details, see

Shares of Liberty closed Thursday at $23.10.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS

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Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

FRO - Appointment of Director and share incentive program 2009

The Board of Frontline Ltd. ("Frontline" or the "Company") is pleased to announce the appointment of Tony Curry as a Director to fill in a vacancy on the Board. Mr. Curry retired from Shell in May 2009 having spent 40 years in Shell Shipping. For the past 12 years he was the Time Charter & Sale and Purchase Manager. Prior to this he spent seven years in Shell Western Services, Nassau, Bahamas as the Oil Freight Manager. He is very familiar with the international oil and tanker sector, but also the growing LNG and LPG areas. Mr. Curry is very well known and respected in the Shipping Industry worldwide.

The Company further announces that the existing Share Option Scheme of the Company is being cancelled and share options will be granted to the Board of Directors, senior management and other employees pursuant to a new Share Option Scheme approved by the Company in general meeting on September 25, 2009.

A total of 663,000 new options will be granted while all of the 618,000 previously awarded options to the Board of Directors, senior management and other employees will be cancelled. The new options will have a five-year term and will vest equally one third each year over a three-year vesting period. Out of the total number of options 350,000 have been awarded to primary insiders, the allocation of these is set out in the attached file. The strike price for the new options has been set to NOK 145.00 per share.

The purpose of the new Share Option Scheme is to promote long-term employment and align the long-term interest of shareholders and senior employees.

October 7, 2009 The Board of Directors Frontline Ltd. Hamilton, Bermuda

http://hugin.info/182/R/1346204/323313.pdf

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.