Warriors, ORACLE Formally Announce Naming Rights Agreement For ORACLE Arena

October 30, 2006

To view a photo
gallery of Monday's press conference, as well as ORACLE Arena's new look, click here.

ORACLE
and the Golden State Warriors today formally announced a naming rights agreement in which the Arena in Oakland will be renamed ORACLE Arena. 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.

ORACLE Arena 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.

MULTIMEDIA

ORACLE Arena 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.

ORACLE Arena 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.

The Denver-based Bonham Group, a nationally-respected marketing firm that specializes in arena naming rights procurement, was hired in 2004 and assisted in the process of securing this agreement. Additionally, Sign-A-Rama, a Florida-based signage company, has been hired to develop and produce the entire range of interior and exterior signage that will be affixed to ORACLE Arena.

# # #

About Oracle

Oracle (NASDAQ: ORCL) is the world’s largest enterprise
software company. For more information about Oracle, visit our Web site
at www.oracle.com.

Trademarks

Oracle, JD Edwards, PeopleSoft, and Siebel are registered
trademarks of Oracle Corporation and/or its affiliates. Other names may
be trademarks of their respective owners.

This announcement is provided to you solely for information purposes, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. Many factors can materially affect ORACLE's product development plans and the nature and timing of future product releases. The development, release, and timing of any features or functionality described remains at the sole discretion of ORACLE. This information may not be incorporated into any contractual agreement with ORACLE or its subsidiaries or affiliates. ORACLE specifically disclaims any liability with respect to this information.

Become eligible to win free tickets for every game! Plus, receive ticket offers, gameday information and more!