UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of August, 2001
Frontline Ltd.
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(Translation of registrant's name into English)
Mercury House, 101 Front Street, Hamilton, HM 12, Bermuda
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F
Form 20-F X Form 40-F _________
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes________ No X
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-
Item 1. INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached as Exhibit 1 is a copy of the press release of Frontline
Ltd. (the "Company"), dated July 25, 2001.
Attached as Exhibit 2 is a copy of the press release of the
Company, dated July 25, 2001.
Attached as Exhibit 3 is a copy of the press release of the
Company, dated August 1, 2001.
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Exhibit 1
FRO Capital adjustments
Frontline has through market purchases executed 20 July 2001
bought back 50,000 of the Companys common shares. The shares have
been bought back at a price of NOK 136.27.
Total number of outstanding shares after this is 76,472,566. The
shares acquired are done so in accordance with a Board
authorization to buy back shares. Including the mentioned
transaction 3,817,145 shares has been acquired within a total of
7,500,000 authorized.
Hamilton, Bermuda
25 July 2001
Contact persons: Kate Blankenship, +1 441 295 6935
Tor Olav Troim, +47 23 11 40 00
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Exhibit 2
FRO Compulsory acquisition of Mosvold (MSL)
Reference is made to the former notification where Frontline Ltd
(FRO) had acquired more than 97% of the share capital in Mosvold
Shipping Ltd. (MSL). According to Bermuda law, the owner of more
than 95% of the share capital in a Bermudan company may demand
compulsory acquisition of the minority shareholderss shares.
The Board of Frontline has decided to demand compulsory
acquisition of the minority shareholderss shares in MSL at a
price of NOK 5.75 per share. The price equals the price offered
by Frontline in the public offering on MSL. The notification,
which will be sent to the shareholders in MSL within short.
In accordance with Bermudan law minority shareholders have a
period of one month in which they may make a demand or
application for appraisal to be made. Unlike Norwegian law
Frontline will not automatically have to cover the appraisal
costs. Both the costs of the shareholder demanding appraisal as
well as Frontlines own costs related to the appraisal may at the
courts discretion have to be covered by the shareholder who
demands appraisal.
If no demand for appraisal is forwarded before the end of the one
month period mentioned above, then compulsory acquisition will be
handled as quickly as possible thereafter. If a demand is put
forth within the time limit, then compulsory acquisition will
take place immediately after an appraisal is done, subject to
Frontline accepting the appraisal. Frontline has the option to
not complete the acquisition if unsatisfied with the appraisal.
An appraisal would be expected to take 3 to 6 months.
When the shares in MSL are registered with Frontline in the
Norwegian Securities Registry (VPS), Frontline will call an EGM
in MSL for vote on the de-listing of the MSL shares on the Oslo
Stock Exchange.
Hamilton, Bermuda
25 July 2001
Contact persons:
Kjell Langva, Tom E. Jebsen or Inger M. Klemp, +47 23 11 40 00
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Exhibit 3
FRO Capital adjustments
Frontline has through market purchases executed 1 August 2001
bought back 50,000 of the Companys common shares. The shares have
been bought back at a price of NOK 132.69.
Total number of outstanding shares after this is 76,427,566. The
shares acquired are done so in accordance with a Board
authorization to buy back shares. Including the mentioned
transaction 3,892,145 shares has been acquired within a total of
7,500,000 authorized.
Hamilton, Bermuda
1 August 2001
Contact persons: Kate Blankenship, +1 441 295 6935
Tor Olav Troim, +47 23 11 40 00
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorised.
Frontline Ltd.
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(Registrant)
Date August 14, 2001 By /s/ Kate Blankenship
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Kate Blankenship
Secretary
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02089009.AG4