Press Release

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October 19, 2001
Frontier Oil Will Release Earnings and Host Conference Call November 5
Frontier Oil Will Release Earnings and Host Conference Call November 5 HOUSTON, Oct. 19 /PRNewswire/ -- Frontier Oil Corporation (NYSE: FTO) will announce results for the quarter ended September 30, 2001 on Monday, November 5, 2001. Management has scheduled a conference call on November 5 at 4:00 p.m. EST to discuss third quarter results and Frontier's business outlook. To access the call, which is open to the public, please dial (888) 869-0374 several minutes prior to the call. For those individuals outside the United States, please call (904) 779-4767. A recorded replay of the entire call may be heard through November 19 by dialing (800) 252-6030 and entering the code 10185241. In addition, the real-time conference call and a recorded replay will be webcast by PR Newswire.

To access the call or the replay via the Internet, go to http://www.frontieroil.com and register from the Investor Relations page of the site. Frontier operates a 110,000 barrel-per-day refinery located in El Dorado, Kansas, and a 41,000 barrel-per-day refinery located in Cheyenne, Wyoming, and markets its refined products principally along the eastern slope of the Rocky Mountains and in other neighboring plains states.