04-HP-876_10K.qxd 12/15/04 2:43 PM Page 17 REAL ESTATE OPERATIONS STOCK PORTFOLIO ITEM 3. LEGAL PROCEEDINGS ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF  SECURITY HOLDERS EXECUTIVE OFFICERS OF THE COMPANY 14 George S. Dotson, 63 Vice President Director since 1990; Vice President since 1977 and President and Chief Operating Officer of Helmerich  & Payne International Drilling Co. since 1977 Hans Helmerich, 46 President and Chief Executive Officer Director since 1987; President and Chief Executive Officer since 1989 Steven R. Mackey, 53 Vice President, Secretary and General Counsel Secretary since 1990; Vice President and  General Counsel since 1988  Douglas E. Fears, 55 Vice President and Chief Financial Officer  since 1988 W. H. Helmerich, III, 81 Chairman of the Board Director since 1949; Chairman of the Board  since 1960 The following table sets forth the names and ages of the Company’s executive officers, together with all positions and offices held with the Company by such executive officers. Officers are elected to serve until the meeting of the Board of Directors following the next Annual Meeting of Stockholders and until their successors have been elected and have  qualified or until their earlier resignation or removal. None. The Company is subject to various claims that arise in the ordinar y course of its business. In the opinion of management, the amount of ultimate liability with respect to these actions will not materially affect the financial position, results of  operations, or liquidity of the Company The Company is not a party to, and none of its property is subject to, any material pending legal proceedings. Information required by this item regarding the stock portfolio held by the Company may be found on page 46 of the Company’s Annual Report under the caption “Management’s Discussion and Analysis of Results of Operations and Financial Condition.” See Item 1. BUSINESS, pages 4 through 5 of this Repor t.