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REDWOOD SHORES, CA -- (Marketwired) -- 06/20/13 -- Oracle Corporation (NASDAQ: ORCL) today announced that fiscal 2013 Q4 GAAP total revenues were unchanged at $10.9 billion, while non-GAAP total revenues were unchanged at $11.0 billion. Both GAAP and non-GAAP new software licenses and cloud software subscriptions revenues were up 1% to $4.0 billion. Software license updates and product support revenues were up 6% to $4.4 billion. Hardware systems products revenues were $849 million. GAAP operating income was up 9% to $5.0 billion, and GAAP operating margin was 46%. Non-GAAP operating income was up 1% to $5.6 billion, and non-GAAP operating margin was 51%. GAAP net income was up 10% to $3.8 billion, while non-GAAP net income was down 1% to $4.1 billion. GAAP earnings per share were up 17% to $0.80, while non-GAAP earnings per share were up 5% to $0.87. GAAP operating cash flow on a trailing twelve-month basis was $14.2 billion.

Without the impact of the US dollar strengthening compared to foreign currencies, Oracle's reported Q4 GAAP earnings per share would have been approximately $0.01 higher at $0.81, up 19%; and Q4 non-GAAP earnings per share would have been approximately $0.01 higher. GAAP total revenues also would have been up 2%, non-GAAP total revenue would have been up 1%, and new software licenses and cloud software subscription revenues would have been up 2%.

For fiscal year 2013, GAAP total revenues were unchanged at $37.2 billion, while non-GAAP total revenues were unchanged at $37.3 billion. GAAP new software licenses and cloud software subscriptions revenues were up 4% to $10.3 billion, while non-GAAP new software licenses and cloud software subscriptions revenues were up 4% to $10.4 billion. GAAP software license updates and product support revenues were up 6% to $17.1 billion, while non-GAAP software license updates and product support revenues were up 6% to $17.2 billion. Hardware systems products revenues were $3.0 billion. GAAP operating income was up 7% to $14.7 billion, and GAAP operating margin was 39%. Non-GAAP operating income was up 2% to $17.6 billion, and non-GAAP operating margin was 47%. GAAP net income was up 9% to $10.9 billion, while non-GAAP net income was up 3% to $13.0 billion. GAAP earnings per share were $2.26, up 15% compared to last year while non-GAAP earnings per share were $2.68, up 9%.

"A record level non-GAAP operating margin of 47% in FY13 enabled us to generate over $14 billion in operating cash flow during the year," said Oracle President and CFO, Safra Catz. "We returned almost 90% of that to shareholders through dividends and share repurchases while increasing the cash on our balance sheet to $32 billion. Consistently increasing our margins, cash flow and cash balance has allowed us to double our current quarterly dividend."

"Oracle's HCM Cloud, CRM Cloud and ERP Cloud grew 50% as we added over 500 new SaaS customers in Q4 alone," said Oracle President Mark Hurd. "Our annualized SaaS revenue run rate is over $1 billion, making us a strong number two in cloud applications -- we are larger than SAP and Workday combined. Furthermore, in Q4 our HCM cloud alone generated more SaaS revenue and added more new Fusion HCM customers than Workday added HCM and ERP customers combined in their most recent quarter."

"Exadata, Exalogic, Exalytics, SPARC SuperCluster and our other engineered systems grew at a rate of 45% in Q4 as we took considerable market share from our primary competitor -- IBM P-Series -- which declined 32% in their most recent quarter," said Oracle CEO, Larry Ellison. "We sold over 1,200 engineered systems in the quarter and over 3,000 during the year. Our fast growing engineered systems business is now more than one-third of our overall hardware business which is one of the reasons we believe hardware will be a growth story in Oracle's FY14."

Oracle also announced that its Board of Directors declared a quarterly cash dividend of $0.12 per share of outstanding common stock, reflecting a 100% increase over the current quarterly dividend of $0.06. Oracle's CEO and largest stockholder did not participate in the deliberation or the vote on this matter. This increased dividend will be paid to stockholders of record as of the close of business on July 12, 2013, with a payment date of August 2, 2013.

Oracle also announced that its Board of Directors authorized the repurchase of up to an additional $12.0 billion of common stock under its existing share repurchase program in future quarters.

Oracle also announced that it has applied to list its common stock on the New York Stock Exchange under its current symbol "ORCL". After careful consideration and deliberation, the Board of Directors of Oracle determined that the proposed transfer of Oracle's common stock listing to the New York Stock Exchange would be in the best interests of its stockholders, customers and partners. Subject to the approval by the NYSE of Oracle's listing application, Oracle expects that its common stock will begin trading on the NYSE on July 15, 2013. Until the transfer is completed, Oracle will continue to trade on the NASDAQ Stock Market under the symbol "ORCL".

Q4 Fiscal 2013 Earnings Conference Call and Webcast
Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (913) 312-9303, Passcode: 849181. To access the live webcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle's Q4 results and Fiscal 2013 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (719) 457-0820 or (888) 203-1112, Passcode: 2970367.

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

"Safe Harbor" Statement: Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding hardware being a growth story in FY14 and when Oracle's common stock will begin trading on the NYSE, are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Economic, political and market conditions, including the current European economic crisis and slowing economic conditions in other parts of the world, can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (2) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, unanticipated fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (3) Our hardware systems revenues and profitability could decline further, and we may fail to achieve our financial forecasts with respect to this business. (4) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) Our periodic workforce restructurings, including reorganizations of our sales force, can be disruptive. (7) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle's Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of June 20, 2013. Oracle undertakes no duty to update any statement in light of new information or future events.

                             ORACLE CORPORATION

                      Q4 FISCAL 2013 FINANCIAL RESULTS
               CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                   ($ in millions, except per share data)

                       Three Months Ended May 31,
                   -----------------------------------
                                                                  % Increase
                                                                  (Decrease)
                                                                      in
                                                       % Increase  Constant
                              % of              % of   (Decrease)  Currency
                     2013   Revenues   2012   Revenues   in US $     (1)
                   -------  -------- -------  -------- ---------- ----------
REVENUES
  New software
   licenses and
   cloud software
   subscriptions   $ 4,026     37%   $ 3,985     37%       1%         2%
  Software license
   updates and
   product support   4,402     40%     4,152     38%       6%         8%
                   -------  -------- -------  --------
    Software
     Revenues        8,428     77%     8,137     75%       4%         5%
                   -------  -------- -------  --------
  Hardware systems
   products            849     8%        977     9%       (13%)      (12%)
  Hardware systems
   support             582     5%        600     5%       (3%)       (1%)
                   -------  -------- -------  --------
    Hardware
     Systems
     Revenues        1,431     13%     1,577     14%      (9%)       (8%)
                   -------  -------- -------  --------
    Services
     Revenues        1,088     10%     1,202     11%      (9%)       (8%)
                   -------  -------- -------  --------

      Total
       Revenues     10,947    100%    10,916    100%       0%         2%
                   -------  -------- -------  --------

OPERATING EXPENSES
  Sales and
   marketing         2,208     20%     2,100     19%       5%         6%
  Software license
   updates and
   product support     316     3%        327     3%       (4%)       (2%)
  Hardware systems
   products            413     4%        476     4%       (13%)      (12%)
  Hardware systems
   support             220     2%        248     2%       (11%)      (10%)
  Services             879     8%        955     9%       (8%)       (7%)
  Research and
   development       1,264     12%     1,226     11%       3%         4%
  General and
   administrative      274     2%        278     3%       (1%)        0%
  Amortization of
   intangible
   assets              596     5%        640     6%       (7%)       (7%)
  Acquisition
   related and
   other (2)          (257)   (2%)        (7)    0%     (3,524%)   (3,515%)
  Restructuring         34     0%         77     1%       (56%)      (56%)
                   -------  -------- -------  --------

      Total
       Operating
       Expenses      5,947     54%     6,320     58%      (6%)       (5%)
                   -------  -------- -------  --------

OPERATING INCOME     5,000     46%     4,596     42%       9%         11%
  Interest expense    (210)   (2%)      (194)   (2%)       9%         9%
  Non-operating
   income
   (expense), net       35     0%        (20)    0%       280%       281%
                   -------  -------- -------  --------

INCOME BEFORE
 PROVISION FOR
 INCOME TAXES        4,825     44%     4,382     40%       10%        12%
                   -------  -------- -------  --------
  Provision for
   income taxes      1,018     9%        931     8%        9%         11%
                   -------  -------- -------  --------

NET INCOME         $ 3,807     35%   $ 3,451     32%       10%        12%
                   =======  ======== =======  ========

EARNINGS PER
 SHARE:
  Basic            $  0.81           $  0.70
  Diluted          $  0.80           $  0.69

WEIGHTED AVERAGE
 COMMON SHARES
 OUTSTANDING:
  Basic              4,684             4,950
  Diluted            4,756             5,027

(1) We compare the percent change in the results from one period to another
    period using constant currency disclosure. We present constant currency
    information to provide a framework for assessing how our underlying
    businesses performed excluding the effect of foreign currency rate
    fluctuations. To present this information, current and comparative prior
    period results for entities reporting in currencies other than United
    States dollars are converted into United States dollars at the exchange
    rates in effect on May 31, 2012, which was the last day of our prior
    fiscal year, rather than the actual exchange rates in effect during the
    respective periods. Movements in international currencies relative to
    the United States dollar during the three months ended May 31, 2013
    compared with the corresponding prior year period decreased our revenues
    by 2 percentage points, operating expenses by 1 percentage point and
    operating income by 2 percentage points.

(2) Acquisition related and other expenses for the quarter ended May 31,
    2013 included a net benefit of $269 million due to an acquisition
    related item.




                             ORACLE CORPORATION

                      Q4 FISCAL 2013 FINANCIAL RESULTS
      RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1)
                   ($ in millions, except per share data)

                                      Three Months Ended May 31,
                          -------------------------------------------------

                            2013            2013     2012            2012
                            GAAP    Adj.  Non-GAAP   GAAP    Adj.  Non-GAAP
                          -------  -----  -------- -------  -----  --------

TOTAL REVENUES (3) (4)    $10,947  $  14  $ 10,961 $10,916  $  34  $ 10,950

TOTAL SOFTWARE REVENUES
 (3)                      $ 8,428  $  10  $  8,438 $ 8,137  $  30  $  8,167
  New software licenses
   and cloud software
   subscriptions (3)        4,026      8     4,034   3,985     22     4,007
  Software license
   updates and product
   support                  4,402      2     4,404   4,152      8     4,160

TOTAL HARDWARE SYSTEMS
 REVENUES (4)             $ 1,431  $   4  $  1,435 $ 1,577  $   4  $  1,581
  Hardware systems
   products                   849      -       849     977      -       977
  Hardware systems
   support (4)                582      4       586     600      4       604

TOTAL OPERATING EXPENSES  $ 5,947  $(559) $  5,388 $ 6,320  $(882) $  5,438
  Stock-based
   compensation (5)           186   (186)        -     172   (172)        -
  Amortization of
   intangible assets (6)      596   (596)        -     640   (640)        -
  Acquisition related and
   other                     (257)   257         -      (7)     7         -
  Restructuring                34    (34)        -      77    (77)        -

OPERATING INCOME          $ 5,000  $ 573  $  5,573 $ 4,596  $ 916  $  5,512

OPERATING MARGIN %            46%              51%     42%              50%

INCOME TAX EFFECTS (7)    $ 1,018  $ 266  $  1,284 $   931  $ 224  $  1,155

NET INCOME                $ 3,807  $ 307  $  4,114 $ 3,451  $ 692  $  4,143

DILUTED EARNINGS PER
 SHARE                    $  0.80         $   0.87 $  0.69         $   0.82

DILUTED WEIGHTED AVERAGE
 COMMON SHARES
 OUTSTANDING                4,756      -     4,756   5,027      -     5,027



                                               % Increase (Decrease)
                         % Increase (Decrease)  in Constant Currency
                                in US $                 (2)
                         --------------------- ---------------------

                            GAAP     Non-GAAP     GAAP     Non-GAAP
                         ---------- ---------- ---------- ----------

TOTAL REVENUES (3) (4)       0%         0%         2%         1%

TOTAL SOFTWARE REVENUES
 (3)                         4%         3%         5%         5%
  New software licenses
   and cloud software
   subscriptions (3)         1%         1%         2%         2%
  Software license
   updates and product
   support                   6%         6%         8%         8%

TOTAL HARDWARE SYSTEMS
 REVENUES (4)               (9%)       (9%)       (8%)       (8%)
  Hardware systems
   products                 (13%)      (13%)      (12%)      (12%)
  Hardware systems
   support (4)              (3%)       (3%)       (1%)       (1%)

TOTAL OPERATING EXPENSES    (6%)       (1%)       (5%)        0%
  Stock-based
   compensation (5)          8%          *         8%          *
  Amortization of
   intangible assets (6)    (7%)         *        (7%)         *
  Acquisition related and
   other                  (3,524%)       *      (3,515%)       *
  Restructuring             (56%)        *        (56%)        *

OPERATING INCOME             9%         1%         11%        3%

OPERATING MARGIN %         357 bp.    51 bp.     375 bp.    59 bp.

INCOME TAX EFFECTS (7)       9%         11%        11%        13%

NET INCOME                   10%       (1%)        12%        1%

DILUTED EARNINGS PER
 SHARE                       17%        5%         19%        7%

DILUTED WEIGHTED AVERAGE
 COMMON SHARES
 OUTSTANDING                (5%)       (5%)       (5%)       (5%)

(1) This presentation includes non-GAAP measures. Our non-GAAP measures are
    not meant to be considered in isolation or as a substitute for
    comparable GAAP measures, and should be read only in conjunction with
    our consolidated financial statements prepared in accordance with GAAP.
    For a detailed explanation of the adjustments made to comparable GAAP
    measures, the reasons why management uses these measures, the usefulness
    of these measures and the material limitations on the usefulness of
    these measures, please see Appendix A.

(2) We compare the percent change in the results from one period to another
    period using constant currency disclosure. We present constant currency
    information to provide a framework for assessing how our underlying
    businesses performed excluding the effect of foreign currency rate
    fluctuations. To present this information, current and comparative prior
    period results for entities reporting in currencies other than United
    States dollars are converted into United States dollars at the exchange
    rates in effect on May 31, 2012, which was the last day of our prior
    fiscal year, rather than the actual exchange rates in effect during the
    respective periods.

(3) As of May 31, 2013, approximately $6 million in estimated revenues
    related to assumed cloud software subscriptions contracts will not be
    recognized for fiscal 2014 due to business combination accounting rules.

(4) As of May 31, 2013, approximately $6 million in estimated revenues
    related to hardware systems support contracts will not be recognized for
    fiscal 2014 due to business combination accounting rules.

(5) Stock-based compensation was included in the following GAAP operating
    expense categories:

                           Three Months Ended         Three Months Ended
                              May 31, 2013               May 31, 2012
                       -------------------------- --------------------------
                         GAAP     Adj.   Non-GAAP   GAAP     Adj.   Non-GAAP
                       -------- -------  -------- -------- -------  --------
    Sales and
     marketing         $     35 $   (35) $      - $     35 $   (35) $      -
    Software license
     updates and
     product support          5      (5)        -        5      (5)        -
    Hardware systems
     products                 1      (1)        -        -       -         -
    Hardware systems
     support                  1      (1)        -        1      (1)        -
    Services                  8      (8)        -        7      (7)        -
    Research and
     development             93     (93)        -       82     (82)        -
    General and
     administrative          43     (43)        -       42     (42)        -
                       -------- -------  -------- -------- -------  --------
      Subtotal              186    (186)        -      172    (172)        -
                       -------- -------  -------- -------- -------  --------
    Acquisition
     related and other        4      (4)        -       12     (12)        -
                       -------- -------  -------- -------- -------  --------
      Total stock-
       based
       compensation    $    190 $  (190) $      - $    184 $  (184) $      -
                       ======== =======  ======== ======== =======  ========

(6) Estimated future annual amortization expense related to intangible
    assets as of May 31, 2013 was as follows:

        Fiscal 2014        $  2,123
        Fiscal 2015           1,656
        Fiscal 2016           1,094
        Fiscal 2017             523
        Fiscal 2018             397
        Thereafter              802
                           --------
          Total intangible
           assets subject
           to amortization    6,595
        In-process research
         and development         45
                           --------
          Total intangible
           assets, net     $  6,640
                           ========

(7) Income tax effects were calculated reflecting an effective GAAP tax rate
    of 21.1% and 21.2% in the fourth quarter of fiscal 2013 and 2012,
    respectively, and an effective non-GAAP tax rate of 23.8% and 21.8% in
    the fourth quarter of fiscal 2013 and 2012, respectively. The difference
    between our GAAP and non-GAAP tax rates in the fourth quarter of fiscal
    2013 was primarily due to the net tax effects of acquisition related
    items, including the tax effect of amortization of intangible assets.
    The difference between our GAAP and non-GAAP tax rates in the fourth
    quarter of fiscal 2012 was primarily due to the disproportionate rate
    impact of certain discrete items, differences in jurisdictional tax
    rates and related tax benefits attributable to our restructuring
    expenses, and income tax effects related to acquired tax exposures in
    the period.

*   Not meaningful



                             ORACLE CORPORATION

                 FISCAL 2013 YEAR TO DATE FINANCIAL RESULTS
               CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                   ($ in millions, except per share data)

                            Year Ended May 31,
                   -----------------------------------
                                                                  % Increase
                                                                  (Decrease)
                                                                      in
                                                       % Increase  Constant
                              % of              % of   (Decrease)  Currency
                     2013   Revenues   2012   Revenues   in US $      (1)
                   -------  -------- -------  -------- ---------- ----------
REVENUES
  New software
   licenses and
   cloud software
   subscriptions   $10,321     28%   $ 9,906     27%       4%         6%
  Software license
   updates and
   product support  17,142     46%    16,210     43%       6%         8%
                   -------  -------- -------  --------
    Software
     Revenues       27,463     74%    26,116     70%       5%         7%
                   -------  -------- -------  --------
  Hardware systems
   products          3,033     8%      3,827     10%      (21%)      (19%)
  Hardware systems
   support           2,313     6%      2,475     7%       (7%)       (4%)
                   -------  -------- -------  --------
    Hardware
     Systems
     Revenues        5,346     14%     6,302     17%      (15%)      (13%)
                   -------  -------- -------  --------
    Services
     Revenues        4,371     12%     4,703     13%      (7%)       (5%)
                   -------  -------- -------  --------

      Total
       Revenues     37,180    100%    37,121    100%       0%         2%
                   -------  -------- -------  --------

OPERATING EXPENSES
  Sales and
   marketing         7,328     20%     7,127     19%       3%         5%
  Software license
   updates and
   product support   1,175     3%      1,226     3%       (4%)       (2%)
  Hardware systems
   products          1,501     4%      1,843     5%       (19%)      (17%)
  Hardware systems
   support             890     2%      1,046     3%       (15%)      (13%)
  Services           3,547     10%     3,743     10%      (5%)       (3%)
  Research and
   development       4,850     13%     4,523     12%       7%         8%
  General and
   administrative    1,072     3%      1,126     3%       (5%)       (3%)
  Amortization of
   intangible
   assets            2,385     7%      2,430     7%       (2%)       (2%)
  Acquisition
   related and
   other (2)          (604)   (2%)        56     0%     (1,183%)   (1,200%)
  Restructuring        352     1%        295     1%        19%        23%
                   -------  -------- -------  --------

      Total
       Operating
       Expenses     22,496     61%    23,415     63%      (4%)       (2%)
                   -------  -------- -------  --------

OPERATING INCOME    14,684     39%    13,706     37%       7%         10%
  Interest expense    (797)   (2%)      (766)   (2%)       4%         4%
  Non-operating
   income, net          11     0%         22     0%       (49%)       4%
                   -------  -------- -------  --------

INCOME BEFORE
 PROVISION FOR
 INCOME TAXES       13,898     37%    12,962     35%       7%         10%
                   -------  -------- -------  --------
  Provision for
   income taxes      2,973     8%      2,981     8%        0%         3%
                   -------  -------- -------  --------

NET INCOME         $10,925     29%   $ 9,981     27%       9%         13%
                   =======  ======== =======  ========

EARNINGS PER SHARE:
  Basic            $  2.29           $  1.99
  Diluted          $  2.26           $  1.96

WEIGHTED AVERAGE
 COMMON SHARES
 OUTSTANDING:
  Basic              4,769             5,015
  Diluted            4,844             5,095

(1) We compare the percent change in the results from one period to another
    period using constant currency disclosure. We present constant currency
    information to provide a framework for assessing how our underlying
    businesses performed excluding the effect of foreign currency rate
    fluctuations. To present this information, current and comparative prior
    period results for entities reporting in currencies other than United
    States dollars are converted into United States dollars at the exchange
    rates in effect on May 31, 2012, which was the last day of our prior
    fiscal year, rather than the actual exchange rates in effect during the
    respective periods. Movements in international currencies relative to
    the United States dollar during the year ended May 31, 2013 compared
    with the corresponding prior year period decreased our revenues by 2
    percentage points, operating expenses by 2 percentage points and
    operating income by 3 percentage points.

(2) Acquisition related and other expenses for the year ended May 31, 2013
    included a benefit of $306 million related to certain litigation and a
    net benefit of $387 million due to an acquisition related item.



                             ORACLE CORPORATION

                 FISCAL 2013 YEAR TO DATE FINANCIAL RESULTS
      RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1)
                   ($ in millions, except per share data)

                                         Year Ended May 31,
                       -----------------------------------------------------

                         2013              2013     2012              2012
                         GAAP     Adj.   Non-GAAP   GAAP     Adj.   Non-GAAP
                       -------  -------  -------- -------- -------  --------

TOTAL REVENUES (3) (4) $37,180  $    73  $ 37,253 $ 37,121 $   100  $ 37,221

TOTAL SOFTWARE
 REVENUES (3)          $27,463  $    59  $ 27,522 $ 26,116 $    70  $ 26,186
  New software
   licenses and cloud
   software
   subscriptions (3)    10,321       45    10,366    9,906      22     9,928
  Software license
   updates and product
   support              17,142       14    17,156   16,210      48    16,258

TOTAL HARDWARE SYSTEMS
 REVENUES (4)          $ 5,346  $    14  $  5,360 $  6,302 $    30  $  6,332
  Hardware systems
   products              3,033        -     3,033    3,827       -     3,827
  Hardware systems
   support (4)           2,313       14     2,327    2,475      30     2,505

TOTAL OPERATING
 EXPENSES              $22,496  $(2,855) $ 19,641 $ 23,415 $(3,407) $ 20,008
  Stock-based
   compensation (5)        722     (722)        -      626    (626)        -
  Amortization of
   intangible assets
   (6)                   2,385   (2,385)        -    2,430  (2,430)        -
  Acquisition related
   and other              (604)     604         -       56     (56)        -
  Restructuring            352     (352)        -      295    (295)        -

OPERATING INCOME       $14,684  $ 2,928  $ 17,612 $ 13,706 $ 3,507  $ 17,213

OPERATING MARGIN %         39%                47%      37%               46%

INCOME TAX EFFECTS (7) $ 2,973  $   896  $  3,869 $  2,981 $   967  $  3,948

NET INCOME             $10,925  $ 2,032  $ 12,957 $  9,981 $ 2,540  $ 12,521

DILUTED EARNINGS PER
 SHARE                 $  2.26           $   2.68 $   1.96          $   2.46

DILUTED WEIGHTED
 AVERAGE COMMON SHARES
 OUTSTANDING             4,844        -     4,844    5,095       -     5,095



                                             % Increase (Decrease)
                       % Increase (Decrease)  in Constant Currency
                              in US $                 (2)
                       --------------------- ---------------------

                          GAAP     Non-GAAP     GAAP     Non-GAAP
                       ---------- ---------- ---------- ----------

TOTAL REVENUES (3) (4)     0%         0%         2%         2%

TOTAL SOFTWARE
 REVENUES (3)              5%         5%         7%         7%
  New software
   licenses and cloud
   software
   subscriptions (3)       4%         4%         6%         6%
  Software license
   updates and product
   support                 6%         6%         8%         8%

TOTAL HARDWARE SYSTEMS
 REVENUES (4)             (15%)      (15%)      (13%)      (14%)
  Hardware systems
   products               (21%)      (21%)      (19%)      (19%)
  Hardware systems
   support (4)            (7%)       (7%)       (4%)       (5%)

TOTAL OPERATING
 EXPENSES                 (4%)       (2%)       (2%)        0%
  Stock-based
   compensation (5)        16%         *         16%         *
  Amortization of
   intangible assets
   (6)                    (2%)         *        (2%)         *
  Acquisition related
   and other            (1,183%)       *      (1,200%)       *
  Restructuring            19%         *         23%         *

OPERATING INCOME           7%         2%         10%        4%

OPERATING MARGIN %       257 bp.    103 bp.    277 bp.    106 bp.

INCOME TAX EFFECTS (7)     0%        (2%)        3%         0%

NET INCOME                 9%         3%         13%        6%

DILUTED EARNINGS PER
 SHARE                     15%        9%         18%        11%

DILUTED WEIGHTED
 AVERAGE COMMON SHARES
 OUTSTANDING              (5%)       (5%)       (5%)       (5%)

(1) This presentation includes non-GAAP measures. Our non-GAAP measures are
    not meant to be considered in isolation or as a substitute for
    comparable GAAP measures, and should be read only in conjunction with
    our consolidated financial statements prepared in accordance with GAAP.
    For a detailed explanation of the adjustments made to comparable GAAP
    measures, the reasons why management uses these measures, the usefulness
    of these measures and the material limitations on the usefulness of
    these measures, please see Appendix A.

(2) We compare the percent change in the results from one period to another
    period using constant currency disclosure. We present constant currency
    information to provide a framework for assessing how our underlying
    businesses performed excluding the effect of foreign currency rate
    fluctuations. To present this information, current and comparative prior
    period results for entities reporting in currencies other than United
    States dollars are converted into United States dollars at the exchange
    rates in effect on May 31, 2012, which was the last day of our prior
    fiscal year, rather than the actual exchange rates in effect during the
    respective periods.

(3) As of May 31, 2013, approximately $6 million in estimated revenues
    related to assumed cloud software subscriptions contracts will not be
    recognized for fiscal 2014 due to business combination accounting rules.

(4) As of May 31, 2013, approximately $6 million in estimated revenues
    related to hardware systems support contracts will not be recognized for
    fiscal 2014 due to business combination accounting rules.

(5) Stock-based compensation was included in the following GAAP operating
    expense categories:

                               Year Ended                 Year Ended
                              May 31, 2013               May 31, 2012
                       -------------------------- --------------------------
                         GAAP     Adj.   Non-GAAP   GAAP     Adj.   Non-GAAP
                       -------- -------  -------- -------- -------  --------
    Sales and
     marketing         $    147 $  (147) $      - $    122 $  (122) $      -
    Software license
     updates and
     product support         20     (20)        -       18     (18)        -
    Hardware systems
     products                 3      (3)        -        1      (1)        -
    Hardware systems
     support                  5      (5)        -        5      (5)        -
    Services                 31     (31)        -       23     (23)        -
    Research and
     development            352    (352)        -      295    (295)        -
    General and
     administrative         164    (164)        -      162    (162)        -
                       -------- -------  -------- -------- -------  --------
      Subtotal              722    (722)        -      626    (626)        -
                       -------- -------  -------- -------- -------  --------
    Acquisition
     related and other       33     (33)        -       33     (33)        -
                       -------- -------  -------- -------- -------  --------
      Total stock-
       based
       compensation    $    755 $  (755) $      - $    659 $  (659) $      -
                       ======== =======  ======== ======== =======  ========

(6) Estimated future annual amortization expense related to intangible
    assets as of May 31, 2013 was as follows:


        Fiscal 2014        $  2,123
        Fiscal 2015           1,656
        Fiscal 2016           1,094
        Fiscal 2017             523
        Fiscal 2018             397
        Thereafter              802
                           --------
          Total intangible
           assets subject
           to amortization    6,595
        In-process research
         and development         45
                           --------
          Total intangible
           assets, net     $  6,640
                           ========

(7) Income tax effects were calculated reflecting an effective GAAP tax rate
    of 21.4% and 23.0% in fiscal 2013 and 2012, respectively, and an
    effective non-GAAP tax rate of 23.0% and 24.0% in fiscal 2013 and 2012,
    respectively. The differences between our GAAP and non-GAAP tax rates in
    fiscal 2013 were primarily due to the net tax effects of acquisition
    related items, including the tax effect of amortization of intangible
    assets. The difference between our GAAP and non-GAAP tax rates in fiscal
    2012 was primarily due to the disproportionate rate impact of certain
    discrete items, income tax effects related to acquired tax exposures,
    and differences in jurisdictional tax rates and related tax benefits
    attributable to our restructuring expenses in the period.

*   Not meaningful



                             ORACLE CORPORATION

                        FISCAL 2013 FINANCIAL RESULTS
                    CONDENSED CONSOLIDATED BALANCE SHEETS
                               ($ in millions)

                                                   May 31,        May 31,
                                                     2013           2012
                                                -------------  -------------
ASSETS

  Current Assets:
    Cash and cash equivalents                   $      14,613  $      14,955
    Marketable securities                              17,603         15,721
    Trade receivables, net                              6,049          6,377
    Inventories                                           240            158
    Deferred tax assets                                   974            877
    Prepaid expenses and other current assets           2,213          1,935
                                                -------------  -------------
      Total Current Assets                             41,692         40,023

  Non-Current Assets:
    Property, plant and equipment, net                  3,053          3,021
    Intangible assets, net                              6,640          7,899
    Goodwill                                           27,343         25,119
    Deferred tax assets                                   766            595
    Other assets                                        2,318          1,670
                                                -------------  -------------
      Total Non-Current Assets                         40,120         38,304
                                                -------------  -------------

TOTAL ASSETS                                    $      81,812  $      78,327
                                                =============  =============

LIABILITIES AND EQUITY

  Current Liabilities:
    Notes payable, current and other current
     borrowings                                 $           -  $       2,950
    Accounts payable                                      419            438
    Accrued compensation and related benefits           1,851          2,002
    Income taxes payable                                  911            528
    Deferred revenues                                   7,118          7,035
    Other current liabilities                           2,573          2,435
                                                -------------  -------------
      Total Current Liabilities                        12,872         15,388

  Non-Current Liabilities:
    Notes payable and other non-current
     borrowings                                        18,494         13,524
    Income taxes payable                                3,899          3,759
    Other non-current liabilities                       1,402          1,569
                                                -------------  -------------
      Total Non-Current Liabilities                    23,795         18,852

  Equity                                               45,145         44,087
                                                -------------  -------------

TOTAL LIABILITIES AND EQUITY                    $      81,812  $      78,327
                                                =============  =============

                             ORACLE CORPORATION

                       FISCAL 2013 FINANCIAL RESULTS
              CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                              ($ in millions)

                                                     Year Ended May 31,
                                                 --------------------------
                                                     2013          2012
                                                 ------------  ------------
Cash Flows From Operating Activities:
  Net income                                     $     10,925  $      9,981
  Adjustments to reconcile net income to net
   cash provided by operating activities:
    Depreciation                                          546           486
    Amortization of intangible assets                   2,385         2,430
    Deferred income taxes                                (117)            9
    Stock-based compensation                              755           659
    Tax benefits on the exercise of stock
     options and vesting of restricted stock-
     based awards                                         410           182
    Excess tax benefits on the exercise of stock
     options and vesting of restricted stock-
     based awards                                        (241)          (97)
    Other, net                                            155            84
    Changes in operating assets and liabilities,
     net of effects from acquisitions:
      Decrease in trade receivables, net                  385            84
      (Increase) decrease in inventories                  (66)          150
      Increase in prepaid expenses and other
       assets                                            (555)          (51)
      Decrease in accounts payable and other
       liabilities                                       (541)         (720)
      Increase in income taxes payable                     35            54
      Increase in deferred revenues                       148           492
                                                 ------------  ------------

        Net cash provided by operating
         activities                                    14,224        13,743
                                                 ------------  ------------

Cash Flows From Investing Activities:
  Purchases of marketable securities and other
   investments                                        (32,160)      (38,625)
  Proceeds from maturities and sales of
   marketable securities and other investments         30,159        35,594
  Acquisitions, net of cash acquired                   (3,305)       (4,702)
  Capital expenditures                                   (650)         (648)
                                                 ------------  ------------

        Net cash used for investing activities         (5,956)       (8,381)
                                                 ------------  ------------

Cash Flows From Financing Activities:
  Payments for repurchases of common stock            (11,021)       (5,856)
  Proceeds from issuances of common stock               1,527           733
  Payments of dividends to stockholders                (1,433)       (1,205)
  Proceeds from borrowings, net of issuance
   costs                                                4,974         1,700
  Repayments of borrowings                             (2,950)       (1,405)
  Excess tax benefits on the exercise of stock
   options and vesting of restricted stock-based
   awards                                                 241            97
  Distributions to noncontrolling interests               (31)         (163)
  Other, net                                              193             -
                                                 ------------  ------------

        Net cash used for financing activities         (8,500)       (6,099)
                                                 ------------  ------------

Effect of exchange rate changes on cash and cash
 equivalents                                             (110)         (471)
                                                 ------------  ------------

Net decrease in cash and cash equivalents                (342)       (1,208)
                                                 ------------  ------------

Cash and cash equivalents at beginning of period       14,955        16,163
                                                 ------------  ------------

Cash and cash equivalents at end of period       $     14,613  $     14,955
                                                 ============  ============



                             ORACLE CORPORATION
                       FISCAL 2013 FINANCIAL RESULTS
                  FREE CASH FLOW - TRAILING 4-QUARTERS (1)
                              ($ in millions)

                      Fiscal 2012                     Fiscal 2013
            ------------------------------- -------------------------------
               Q1      Q2      Q3      Q4      Q1      Q2      Q3      Q4
            ------- ------- ------- ------- ------- ------- ------- -------

GAAP
 Operating
 Cash Flow  $12,818 $13,129 $13,463 $13,743 $13,993 $13,533 $13,717 $14,224

Capital
 Expenditures
  (2)          (492)   (500)   (509)   (648)   (627)   (710)   (684)   (650)
            ------- ------- ------- ------- ------- ------- ------- -------

Free Cash
 Flow       $12,326 $12,629 $12,954 $13,095 $13,366 $12,823 $13,033 $13,574
            ======= ======= ======= ======= ======= ======= ======= =======

% Growth
 over prior
 year            46%     45%     36%     22%      8%      2%      1%      4%

            ------- ------- ------- ------- ------- ------- ------- -------

GAAP Net
 Income     $ 9,035 $ 9,356 $ 9,738 $ 9,981 $10,175 $10,564 $10,571 $10,925

Free Cash
 Flow as a %
 of Net
 Income         136%    135%    133%    131%    131%    121%    123%    124%

(1) To supplement our statements of cash flows presented on a GAAP basis, we
    use non-GAAP measures of cash flows on a trailing 4-quarter basis to
    analyze cash flow generated from operations. We believe free cash flow
    is also useful as one of the bases for comparing our performance with
    our competitors. The presentation of non-GAAP free cash flow is not
    meant to be considered in isolation or as an alternative to net income
    as an indicator of our performance, or as an alternative to cash flows
    from operating activities as a measure of liquidity.

(2) Derived from capital expenditures as reported in cash flows from
    investing activities as per our consolidated statements of cash flows
    presented in accordance with GAAP.



                             ORACLE CORPORATION
                        FISCAL 2013 FINANCIAL RESULTS
          SUPPLEMENTAL ANALYSIS OF GAAP REVENUES AND HEADCOUNT (1)
                               ($ in millions)

                                          Fiscal 2012
                     ----------------------------------------------------
                        Q1         Q2         Q3         Q4        TOTAL
                     --------   --------   --------   --------   --------
REVENUES
 New software
  licenses and cloud
  software
  subscriptions      $  1,498   $  2,048   $  2,374   $  3,985   $  9,906
 Software license
  updates and product
  support               4,022      3,986      4,051      4,152     16,210
                     --------   --------   --------   --------   --------
   Software Revenues    5,520      6,034      6,425      8,137     26,116

 Hardware systems
  products              1,029        953        869        977      3,827
 Hardware systems
  support                 645        625        604        600      2,475
                     --------   --------   --------   --------   --------
   Hardware Systems
    Revenues            1,674      1,578      1,473      1,577      6,302

   Services Revenues    1,180      1,180      1,141      1,202      4,703

                     --------   --------   --------   --------   --------
     Total Revenues  $  8,374   $  8,792   $  9,039   $ 10,916   $ 37,121
                     ========   ========   ========   ========   ========

AS REPORTED REVENUE
 GROWTH RATES
 New software
  licenses and cloud
  software
  subscriptions            17%         2%         7%         7%         7%
 Software license
  updates and product
  support                  17%         9%         8%         5%        10%
   Software Revenues       17%         7%         8%         6%         9%

 Hardware systems
  products                 (5%)      (14%)      (16%)      (16%)      (13%)
 Hardware systems
  support                   4%        (2%)       (4%)      (11%)       (3%)
   Hardware Systems
    Revenues               (1%)      (10%)      (11%)      (14%)       (9%)

   Services Revenues       10%         0%         0%        (4%)        1%

     Total Revenues        12%         2%         3%         1%         4%

CONSTANT CURRENCY
 GROWTH RATES (2)
 New software
  licenses and cloud
  software
  subscriptions            11%         3%         8%        11%         8%
 Software license
  updates and product
  support                  10%         9%         9%         8%         9%
   Software Revenues       11%         7%         9%        10%         9%

 Hardware systems
  products                (11%)      (14%)      (16%)      (13%)      (14%)
 Hardware systems
  support                  (3%)       (3%)       (3%)       (7%)       (4%)
   Hardware Systems
    Revenues               (8%)      (10%)      (11%)      (11%)      (10%)

   Services Revenues        5%         0%         1%         0%         1%

     Total Revenues         5%         2%         4%         5%         4%


GEOGRAPHIC REVENUES

REVENUES
 Americas            $  4,226   $  4,532   $  4,707   $  5,771   $ 19,236
 Europe, Middle East
  & Africa              2,704      2,756      2,787      3,314     11,561
 Asia Pacific           1,444      1,504      1,545      1,831      6,324
                     --------   --------   --------   --------   --------
     Total Revenues  $  8,374   $  8,792   $  9,039   $ 10,916   $ 37,121
                     ========   ========   ========   ========   ========


HEADCOUNT

GEOGRAPHIC AREA
 Americas              46,338     46,672     47,884     48,901
 Europe, Middle East
  & Africa             22,210     22,725     22,852     22,957
 Asia Pacific          40,840     41,901     42,908     43,308
                     --------   --------   --------   --------   --------
     Total Company    109,388    111,298    113,644    115,166
                     ========   ========   ========   ========   ========



                                         Fiscal 2013
                     ---------------------------------------------------
                        Q1         Q2         Q3         Q4       TOTAL
                     --------   --------   --------   --------   -------
REVENUES
 New software
  licenses and cloud
  software
  subscriptions      $  1,574   $  2,389   $  2,332   $  4,026   $10,321
 Software license
  updates and product
  support               4,140      4,260      4,340      4,402    17,142
                     --------   --------   --------   --------   -------
   Software Revenues    5,714      6,649      6,672      8,428    27,463

 Hardware systems
  products                779        734        671        849     3,033
 Hardware systems
  support                 574        587        570        582     2,313
                     --------   --------   --------   --------   -------
   Hardware Systems
    Revenues            1,353      1,321      1,241      1,431     5,346

   Services Revenues    1,114      1,124      1,045      1,088     4,371

                     --------   --------   --------   --------   -------
     Total Revenues  $  8,181   $  9,094   $  8,958   $ 10,947   $37,180
                     ========   ========   ========   ========   =======

AS REPORTED REVENUE
 GROWTH RATES
 New software
  licenses and cloud
  software
  subscriptions             5%        17%        (2%)        1%        4%
 Software license
  updates and product
  support                   3%         7%         7%         6%        6%
   Software Revenues        4%        10%         4%         4%        5%

 Hardware systems
  products                (24%)      (23%)      (23%)      (13%)     (21%)
 Hardware systems
  support                 (11%)       (6%)       (6%)       (3%)      (7%)
   Hardware Systems
    Revenues              (19%)      (16%)      (16%)       (9%)     (15%)

   Services Revenues       (6%)       (5%)       (8%)       (9%)      (7%)

     Total Revenues        (2%)        3%        (1%)        0%        0%

CONSTANT CURRENCY
 GROWTH RATES (2)
 New software
  licenses and cloud
  software
  subscriptions            10%        18%         0%         2%        6%
 Software license
  updates and product
  support                   8%         8%         8%         8%        8%
   Software Revenues        9%        11%         5%         5%        7%

 Hardware systems
  products                (21%)      (23%)      (22%)      (12%)     (19%)
 Hardware systems
  support                  (6%)       (5%)       (5%)       (1%)      (4%)
   Hardware Systems
    Revenues              (15%)      (16%)      (15%)       (8%)     (13%)

   Services Revenues        0%        (3%)       (7%)       (8%)      (5%)

     Total Revenues         3%         5%         0%         2%        2%


GEOGRAPHIC REVENUES

REVENUES
 Americas            $  4,324   $  4,787   $  4,698   $  5,911   $19,719
 Europe, Middle East
  & Africa              2,383      2,701      2,745      3,328    11,158
 Asia Pacific           1,474      1,606      1,515      1,708     6,303
                     --------   --------   --------   --------   -------
     Total Revenues  $  8,181   $  9,094   $  8,958   $ 10,947   $37,180
                     ========   ========   ========   ========   =======


HEADCOUNT

GEOGRAPHIC AREA
 Americas              49,145     49,584     50,402     51,519
 Europe, Middle East
  & Africa             22,584     22,594     22,592     22,860
 Asia Pacific          44,170     45,051     45,663     45,855
                     --------   --------   --------   --------   -------
     Total Company    115,899    117,229    118,657    120,234
                     ========   ========   ========   ========   =======

(1) The sum of the quarterly financial information may vary from year-to-
    date financial information due to rounding.

(2) We compare the percent change in the results from one period to another
    period using constant currency disclosure. We present constant currency
    information to provide a framework for assessing how our underlying
    businesses performed excluding the effect of foreign currency rate
    fluctuations. To present this information, current and comparative prior
    period results for entities reporting in currencies other than United
    States dollars are converted into United States dollars at the exchange
    rates in effect on May 31, 2012 and 2011 for the fiscal 2013 and fiscal
    2012 constant currency growth rate calculations presented, respectively,
    rather than the actual exchange rates in effect during the respective
    periods.



                             ORACLE CORPORATION
                        FISCAL 2013 FINANCIAL RESULTS
                SUPPLEMENTAL GEOGRAPHIC REVENUES ANALYSIS (1)
                               ($ in millions)

                                                   Fiscal 2012
                                     --------------------------------------
                                       Q1      Q2      Q3      Q4     TOTAL
                                     ------  ------  ------  ------  ------

AMERICAS

 New software licenses and cloud
  software subscriptions             $  727  $1,027  $1,228  $2,126  $5,107
                                     ======  ======  ======  ======  ======
 Hardware systems products           $  475  $  496  $  410  $  498  $1,880
                                     ======  ======  ======  ======  ======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions                10%      0%     11%     14%     10%
 Hardware systems products             (12%)   (17%)   (19%)   (17%)   (16%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions                 9%      1%     11%     16%     11%
 Hardware systems products             (13%)   (17%)   (18%)   (16%)   (16%)


EUROPE / MIDDLE EAST / AFRICA

 New software licenses and cloud
  software subscriptions             $  440  $  584  $  693  $1,166  $2,884
                                     ======  ======  ======  ======  ======
 Hardware systems products           $  344  $  272  $  265  $  260  $1,140
                                     ======  ======  ======  ======  ======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions                25%      2%     (1%)    (5%)     1%
 Hardware systems products               2%    (17%)   (20%)   (24%)   (15%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions                15%      3%      1%      2%      4%
 Hardware systems products             (11%)   (17%)   (18%)   (18%)   (16%)


ASIA PACIFIC

 New software licenses and cloud
  software subscriptions             $  331  $  437  $  453  $  693  $1,915
                                     ======  ======  ======  ======  ======
 Hardware systems products           $  210  $  185  $  194  $  219  $  807
                                     ======  ======  ======  ======  ======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions                20%     11%     13%      8%     12%
 Hardware systems products               6%      2%     (3%)     1%      1%

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions                 9%      8%     11%     13%     11%
 Hardware systems products              (5%)    (1%)    (6%)     1%     (3%)


TOTAL COMPANY

 New software licenses and cloud
  software subscriptions             $1,498  $2,048  $2,374  $3,985  $9,906
                                     ======  ======  ======  ======  ======
 Hardware systems products           $1,029  $  953  $  869  $  977  $3,827
                                     ======  ======  ======  ======  ======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions                17%      2%      7%      7%      7%
 Hardware systems products              (5%)   (14%)   (16%)   (16%)   (13%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions                11%      3%      8%     11%      8%
 Hardware systems products             (11%)   (14%)   (16%)   (13%)   (14%)



                                                  Fiscal 2013
                                    ---------------------------------------
                                      Q1      Q2      Q3      Q4     TOTAL
                                    ------  ------  ------  ------  -------

AMERICAS

 New software licenses and cloud
  software subscriptions            $  814  $1,253  $1,205  $2,194  $ 5,465
                                    ======  ======  ======  ======  =======
 Hardware systems products          $  380  $  370  $  307  $  439  $ 1,495
                                    ======  ======  ======  ======  =======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions               12%     22%     (2%)     3%       7%
 Hardware systems products            (20%)   (25%)   (25%)   (12%)    (20%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions               14%     22%     (1%)     4%       8%
 Hardware systems products            (19%)   (25%)   (25%)   (12%)    (20%)


EUROPE / MIDDLE EAST / AFRICA

 New software licenses and cloud
  software subscriptions            $  403  $  641  $  690  $1,224  $ 2,959
                                    ======  ======  ======  ======  =======
 Hardware systems products          $  214  $  198  $  201  $  228  $   842
                                    ======  ======  ======  ======  =======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions               (8%)    10%      0%      5%       3%
 Hardware systems products            (38%)   (27%)   (24%)   (12%)    (26%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions                1%     12%      1%      5%       5%
 Hardware systems products            (30%)   (25%)   (24%)   (11%)    (23%)


ASIA PACIFIC

 New software licenses and cloud
  software subscriptions            $  357  $  495  $  437  $  608  $ 1,897
                                    ======  ======  ======  ======  =======
 Hardware systems products          $  185  $  166  $  163  $  182  $   696
                                    ======  ======  ======  ======  =======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions                8%     13%     (3%)   (12%)     (1%)
 Hardware systems products            (12%)   (10%)   (16%)   (17%)    (14%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions               12%     13%      1%     (7%)      3%
 Hardware systems products            (10%)   (12%)   (14%)   (14%)    (12%)


TOTAL COMPANY

 New software licenses and cloud
  software subscriptions            $1,574  $2,389  $2,332  $4,026  $10,321
                                    ======  ======  ======  ======  =======
 Hardware systems products          $  779  $  734  $  671  $  849  $ 3,033
                                    ======  ======  ======  ======  =======

AS REPORTED GROWTH RATES
 New software licenses and cloud
  software subscriptions                5%     17%     (2%)     1%       4%
 Hardware systems products            (24%)   (23%)   (23%)   (13%)    (21%)

CONSTANT CURRENCY GROWTH RATES (2)
 New software licenses and cloud
  software subscriptions               10%     18%      0%      2%       6%
 Hardware systems products            (21%)   (23%)   (22%)   (12%)    (19%)

(1) The sum of the quarterly financial information may vary from year-to-
    date financial information due to rounding.

(2) We compare the percent change in the results from one period to another
    period using constant currency disclosure. We present constant currency
    information to provide a framework for assessing how our underlying
    businesses performed excluding the effect of foreign currency rate
    fluctuations. To present this information, current and comparative prior
    period results for entities reporting in currencies other than United
    States dollars are converted into United States dollars at the exchange
    rates in effect on May 31, 2012 and 2011 for the fiscal 2013 and fiscal
    2012 constant currency growth rate calculations presented, respectively,
    rather than the actual exchange rates in effect during the respective
    periods.



                                                                  APPENDIX A

                             ORACLE CORPORATION
                      Q4 FISCAL 2013 FINANCIAL RESULTS
                      EXPLANATION OF NON-GAAP MEASURES

To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects:

• New software licenses and cloud software subscriptions, software license updates and product support and hardware systems support deferred revenues: Business combination accounting rules require us to account for the fair values of cloud software subscriptions contracts, software license updates and product support contracts and hardware systems support contracts assumed in connection with our acquisitions. Because these contracts are generally one year in duration, our GAAP revenues generally for the one year period subsequent to our acquisition of a business do not reflect the full amount of revenues on these assumed cloud software subscriptions contracts and support contracts that would have otherwise been recorded by the acquired entity. The non-GAAP adjustment to our new software licenses and cloud software subscriptions revenues, software license updates and product support revenues and hardware systems support revenues is intended to include, and thus reflect, the full amount of such revenues. We believe the adjustment to these revenues is useful to investors as a measure of the ongoing performance of our business. We have historically experienced high renewal rates on our software license updates and product support contracts and our objective is to increase the renewal rates on acquired and new cloud software subscriptions and hardware systems support contracts; however, we cannot be certain that our customers will renew our cloud software subscriptions contracts, software license updates and product support contracts or our hardware systems support contracts.
  
  
• Stock-based compensation expenses: We have excluded the effect of stock-based compensation expenses from our non-GAAP operating expenses and net income measures. Although stock-based compensation is a key incentive offered to our employees, and we believe such compensation contributed to the revenues earned during the periods presented and also believe it will contribute to the generation of future period revenues, we continue to evaluate our business performance excluding stock-based compensation expenses. Stock-based compensation expenses will recur in future periods.
  
  
• Amortization of intangible assets: We have excluded the effect of amortization of intangible assets from our non-GAAP operating expenses and net income measures. Amortization of intangible assets is inconsistent in amount and frequency and is significantly affected by the timing and size of our acquisitions. Investors should note that the use of intangible assets contributed to our revenues earned during the periods presented and will contribute to our future period revenues as well. Amortization of intangible assets will recur in future periods.
  
  
• Acquisition related and other expenses; and restructuring expenses: We have excluded the effect of acquisition related and other expenses and the effect of restructuring expenses from our non-GAAP operating expenses and net income measures. We incurred significant expenses in connection with our acquisitions and also incurred certain other operating expenses or income, which we generally would not have otherwise incurred in the periods presented as a part of our continuing operations. Acquisition related and other expenses consist of personnel related costs for transitional employees, other acquired employee related costs, stock-based compensation expenses (in addition to the stock-based compensation expenses described above), integration related professional services, certain business combination adjustments including adjustments after the measurement period has ended and changes in fair value of contingent consideration payable, and certain other operating items, net. Substantially all of the stock-based compensation expenses included in acquisition related and other expenses resulted from unvested options assumed in acquisitions whose vesting was fully accelerated upon termination of the employees pursuant to the original terms of those options. Restructuring expenses consist of employee severance and other exit costs. We believe it is useful for investors to understand the effects of these items on our total operating expenses. Although acquisition related expenses and restructuring expenses generally diminish over time with respect to past acquisitions, we generally will incur these expenses in connection with any future acquisitions.