October 20, 2006

Oracle and the Golden State Warriors today announced a naming rights agreement in which the Arena in Oakland will be renamed the Oracle. The 10-year agreement also includes additional exclusive team sponsorship elements with the National Basketball Association club. Financial terms of the deal were not released.

The Oracle is the premier entertainment venue in Northern California, and the agreement will provide the world’s largest enterprise software company with a variety of sponsorship opportunities with the Warriors, including exterior and interior signage, VIP customer/partner hospitality and various other amenities.

“We are very excited about this opportunity to partner with the Warriors and the NBA,” said Oracle President Charles Phillips. “This is a partnership between two major global brands, combining one of the best known names in technology with one of the best known names in sports, both with a strong desire to be the best in their prospective industries. With the world’s #1 database software, the fastest growing middleware software, #1 customer relationship management software, #1 human capital management software and #1 supply chain applications, we’re excited to be part of the Warriors’ path to #1.”

“We welcome the opportunity to align ourselves with the Oracle brand,” said Warriors President Robert Rowell. “The Warriors are rapidly progressing toward our goal of becoming a championship organization, and partnering with Oracle is another sign of that progress. They are undoubtedly the best in the world at what they do. We look forward to tapping into them as a valuable business resource.”

The Oracle will play host to 41 Warriors regular-season home games each season, as well as a spectrum of other events that include concerts, and other family-friendly entertainment. The venue underwent a $140 million interior renovation in 1996 that increased basketball capacity by more than 4,000, to its current occupancy maximum of 19,596. A total of 72 luxury suites and other exclusive clubs were also added.

The Oracle will continue to be managed by Oakland-Alameda County Authority (JPA) and SMG. The JPA will be asked to approve the deal at its November 10 meeting.

Additional information will be provided during a formal press conference currently scheduled for Oct. 30th.

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