Estate of Richard R. Simplot - Page 9




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          a division of H.J. Heinz Co.; McCain Foods; Universal Foods; and            
          Carnation Foods, a division of Nestle, S.A.                                 
               FPG's vegetable operation, drawing on the distribution network         
          of J.R. Simplot Co.'s frozen potato operations, distribute more             
          than 33 varieties of fruits and vegetables to J.R. Simplot Co.'s            
          Food Service customers either under the Classic label or as private         
          label products.                                                             
               2.  The Agriculture Group                                              
               AG is one of the largest suppliers of prime beef in the United         
          States, and the largest supplier to the Pacific Northwest.  For the         
          9 months ended May 31, 1993, AG contributed $79.2 million or                
          approximately 6 percent of J.R. Simplot Co.'s gross revenues.               
               J.R. Simplot Co. raises and feeds approximately 260,000 head           
          of cattle per year on 1.4 million acres of leased or owned land.            
          The cattle operations complement the potato business through the            
          use of potato waste as cattle feed.                                         
               At the time of trial, J.R. Simplot Co. sold approximately 85           
          percent of its cattle to IBP, Inc.  In 1991, J.R. Simplot Co.               
          entered into a contract with Nicherei Corp., a Japanese food                
          company, whereby Nicherei Corp. buys the beef packed by J.R.                
          Simplot Co.'s Nampa, Idaho, processing facility.                            
               3.  Diversified Products Group                                         
               DPG was established during the Company's 1989 fiscal year to           
          account for opportunities in the following diverse businesses:              
          Corporate trucking and maintenance services, refrigerated rail              
          cars, livestock feed, animal health, farm supply services, a                

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