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 www.oracle.com/investor. The webcast will be available for replay for seven days following the conference call.

The article continues at http://www.oracle.com/corporate/press/2006_jan/sieb_cl.html