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Company:
Occidental Petroleum Corporation

Plan:
Occidental Petroleum Corporation Retirement Plan
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Plan Information
Plan Year 01/01/2010 — 12/31/2010
Effective Date of Plan 06/01/1983
Net Assets as of 12/31/2010 $670,525,733
Plan Number 60
Plan Type Single Employer
Is the plan collectively bargained? Yes
Did the plan file for an extension of time or the DFVC Program? Yes
Plan Funding Arrangement Trust
Plan Benefit Arrangement Trust

Participant Information as of 12/31/2010
Active (Eligible) Participants 6,411
Retired or separated participants receiving benefits 94
Other retired or separated participants entitled to future benefits 3,597
Subtotal 10,102
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 75
Total 10,177
Total number of participants as of 01/01/2010 10,681
Number of participants with account balances 10,157
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 101

Plan Sponsor Information
Address 10889 Wilshire Blvd
Los Angeles, CA 90024
Telephone (310) 208-8800
EIN 95-4035997
Industry Code 211110
Named Administrator Linda R. Ritts

Plan Administrator Information
Administrator Name Occidental Petroleum Corporation
Address 10889 Wilshire Blvd
Los Angeles, CA 90024
Telephone (310) 208-8800
Administrator EIN 95-4035997

Audit Information
Audit Status Audited
Auditor KPMG LLP
Auditor EIN 13-5565207
Audit Opinion Disclaimer
Audit Type Limited Scope Audit

Benefits Provided Under the Plan
Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
2C Money purchase A pension plan, other than a target benefit plan that requires a fixed percentage of compensation to be contributed to each eligible employee.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

  Question Answer Amount
1. During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No  
2. Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No  
3. Were any leases to which the plan was a party in default or classified during the year as uncollectible? No  
4. Were there any nonexempt transactions with any party-in-interest? No  
5. Was this plan covered by a fidelity bond? Yes $6,500,000
6. Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No  
7. Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No  
8. Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No  
9. Did the plan have assets held for investment? Yes  
10. Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No  
11. Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No  
12. Has the plan failed to provide any benefit when due under the plan? No  
13. If this is an individual account plan, was there a blackout period? No  
14. If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No