X0202 4 2004-10-21 0 0000874992 REMINGTON OIL & GAS CORP REM 0000947911 SIMPLOT J R 999 MAIN ST BOISE IA 83702 0 0 1 0 Common Stock 2004-10-21 4 J 0 420000 26 D 4592595 I FN 3 Variable share postpaid forward sale of Common Stock 26 2004-10-21 4 J 0 420000 26 D Common Stock 420000 4592595 I See FN 2 See Explanation of Responses See Table I, Item 7 4,592,595 shares are directly owned by JRS Properties III L.P. ("JRS Properties III"). (Of these shares, 950,000 shares are subject to previously-reported variable share foward sale contract and 420,000 shares are subject to the variable share postpaid forward sale contract referenced in Table II and the "Explanation of Responses.") The J.R. Simplot Self Declaration of Revocable Trust (the "Trust"), of which Mr. J.R. Simplot is the beneficiary, and a trust for the benefit of Mrs. Simplot's spouse hold approximately 98% of the limited partnership interest in JRS Properties III and as such hold that percentage of pecuniary beneficial interest in the shares owned by JRS Properties III. JRS Properties III entered into a deferred sale transaction in the form of a variable share postpaid forward sale contract ("Contract") with Merrill Lynch, Pierce, Fenner & Smith ("MLPFS") pursuant to which JRS Properties III is entitled to receive, at any time prior to or at the maturity date, part or all of a notional amount of cash against the future delivery of a variable number of up to 420,000 shares (collectively, the "Shares") of Remington's Common Stock. The actual price per share as well as the Floor, Cap and Post-Payment Amount payable to JRS Properties III will be determined on the Trade Date and will equal the applicable number of shares multiplied by the present value of the Floor Price (discounted by the prevailing LIBOR/Swap Rate for the remaining term of the transaction). MLPFS commenced hedge transactions on October 21, 2004. The Contract will mature in three installments at the end of 35, 36 and 37 months. J.R. Simplot by Ronald N. Graves, as Attorney-in-Fact 2004-10-25 J.R. Simplot Self Declaration of Revocable Trust by J.R. Simplot, Trustee, by Ronald N. Graves, as Attorney-in-Fact 2004-10-25