Estate of Richard R. Simplot - Page 7




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          million of J.R. Simplot Co.'s consolidated revenue for the 9-month          
          period ended May 31, 1993.                                                  
               Through its processing plants, J.R. Simplot Co. produces               
          hundreds of millions of pounds of frozen French fries each year.            
          It is one of the two largest potato processors in the world.                
          Potato processing involves the following: Purchasing new-crop               
          potatoes, sorting and grading the potatoes, storing potatoes for            
          use in year-round production, transporting potatoes from storage            
          facilities to the plant, washing and peeling the potatoes, cutting          
          or forming potatoes into the desired product, precooking the                
          potatoes, freezing the potatoes, packaging the potatoes according           
          to customer requirements, and preparing the potato products for             
          shipment to the end user.                                                   
               FPG's five potato production facilities produce a mix of               
          frozen French fries and formed products.  The largest potato                
          processing facilities are located in Caldwell, Idaho; Hermiston,            
          Oregon; and Heyburn, Idaho.                                                 
               FPG's potato operations serve three market segments:                   
          McDonald's, Food Service, and Consumer.2  McDonald's is FPG's and           

               2    The Food Products Groups' 10 largest customers (in                
          alphabetical order) are:                                                    
                         Food Service of America                                      
                         Friendly Restaurants Corp.                                   
                         Marriott Distribution Services                               
                         McDonald's Corp.                                             
                         Nichirei Corp. of America                                    
                         PYA/Monarch Food Service                                     
                         Reddy Raw, Inc.                                              
                         Sugar Foods Corp.                                            
                                                             (continued...)           

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