Oracle Press Release

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ORACLE REPORTS Q2 GAAP EPS UP 36% TO 25 CENTS, NON-GAAP EPS UP 40% TO 31 CENTS
Applications New License Revenues Up 63%, Database and Middleware New License Revenues Up 28%

REDWOOD SHORES, Calif. 19-DEC-2007 - Oracle Corporation (NASDAQ: ORCL) today announced fiscal 2008 Q2 GAAP earnings per share were up 36% to $0.25, compared to the same quarter last year. Second quarter total GAAP revenues were up 28% to $5.3 billion, while quarterly GAAP net income was up 35% to $1.3 billion. Total GAAP software revenues were up 29% to $4.2 billion with GAAP new software license revenues up 38% to $1.7 billion. Database and middleware new license revenues were up 28% and applications new license revenues were up 63%. Services revenues were up 22% to $1.2 billion, compared to the same quarter last year. Second quarter non-GAAP earnings per share were up 40% to $0.31, and non-GAAP net income was up 38% to $1.6 billion, compared to the same quarter last year.

"In Q1 we reported new software license revenues up 35%, the strongest growth of any quarter in ten years," said Oracle President and CFO, Safra Catz. "In Q2 we did even better with new software license sales up 38%. GAAP EPS were up 36%; non-GAAP EPS were up 40%. We exceeded our guidance and our best case forecast with strong revenue growth across all product lines and geographies."

"In Q2 Oracle's applications new license sales grew 63% compared to SAP's new license sales growth rate of 15% in their most recently completed quarter," said Oracle President, Charles Phillips. "We like our growth strategy of expanding beyond ERP into high-end industry specific vertical software in contrast to SAP's strategy of moving down market to sell ERP systems to small companies."

"Our database and middleware new license sales grew 28% in Q2," said CEO, Larry Ellison. "We continue to take market share from IBM in both product categories."

About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, including supplemental financial information, please visit http://www.oracle.com/investor or call Investor Relations at (650) 506-4073.

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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.

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