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New License Revenues Grew 32% REDWOOD SHORES, Calif., June 15, 2006 - Oracle Corporation (NASDAQ: ORCL), today announced that preliminary Q4 fiscal 2006 financial results exceeded management’s previous guidance. New software license revenues increased 32% to $2.12 billion, exceeding previous guidance of 8% to 18% growth.  Database technology license revenues grew 18%, while applications license revenues increased 83%.   Organic applications license revenues, which exclude the Siebel and Retek acquisitions, increased 56%. Fourth quarter total GAAP revenues increased 25% to $4.85 billion, exceeding previous guidance of 13% to 17% growth.  Q4 GAAP earnings per share are estimated to be $0.24, as compared to previous guidance of $0.21 to $0.23. Total non-GAAP revenues increased to $4.94 billion or 22% in the fourth quarter, exceeding previous guidance of 10% to 14% growth.  Non-GAAP earnings per share are estimated to be $0.29, as compared to previous guidance of $0.26 to $0.28. These preliminary financial results are subject to revision.  Oracle will release its final results on June 22nd, as previously announced, and will hold a conference call and web broadcast to discuss the results at 2:00 p.m. (PDT) / 5:00 p.m. (EDT). To access the live web broadcast of the event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. About Oracle Oracle Corporation is the world’s largest enterprise software company.  For more information about Oracle, please call Investor Relations at (650) 506-4073.