Oracle Completes Acquisition Of Siebel

February 1, 2006

[From Oracle Corp.]

REDWOOD SHORES, Calif., 31-JAN-2006 Oracle Corporation announced today the completion of its acquisition of Siebel Systems, Inc.

Oracle will host a conference call on Thursday, February 9, at 2:00 p.m. PST / 5:00 p.m. EST to discuss preliminary guidance for the combined companies. A live audio webcast of the call will be made available on the Oracle Investor Relations website at The webcast will be available for replay for seven days following the conference call.

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