Oracle Accelerates Payment of Three Quarters of Dividends

Mon Dec 3, 2012 4:02pm EST

* Reuters is not responsible for the content in this press release.

  REDWOOD SHORES, CA, Dec 03 (Marketwire) -- 
The Board of Directors of Oracle Corporation (NASDAQ: ORCL), consistent
with its frequent review of its dividend policy, has declared an
accelerated second, third and fourth quarter cash dividend totaling $0.18
per share of outstanding common stock. Oracle's CEO and largest
stockholder did not participate in the deliberation or the vote on this
matter. This accelerated dividend is intended by the Board to be in lieu
of quarterly dividends Oracle would have otherwise announced with its
quarterly earnings results for the second, third and fourth quarters of
fiscal year 2013, and that would have been paid in calendar year 2013.

    This accelerated dividend will be paid to stockholders of record as of
the close of business on December 14, 2012, with a payment date of
December 21, 2012.

    The next opportunity for the Board to consider and approve the
declaration of a dividend will be when Oracle announces its earnings
results for the first quarter of fiscal year 2014 which ends on August
31, 2013.

    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 is a registered trademark of Oracle and/or its affiliates.

    "Safe Harbor" Statement: Statements in this press release relating to
Oracle's future plans, expectations, beliefs, intentions and prospects,
including the time frame for when the Board will next consider payment of
a dividend, 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 debt crisis, 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 software license updates and
product support. (3) Our hardware systems business may not be successful,
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 and risks relating to compliance with
international and U.S. laws that apply to our international operations.
(6) Intense competitive forces demand rapid technological advances and
frequent new product introductions and could require us to reduce prices
or cause us to lose customers. (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 December 3, 2012. Oracle
undertakes no duty to update any statement in light of new information or
future events.

    

Contact: 
Ken Bond 
Oracle Investor Relations 
1.650.607.0349 
ken.bond@oracle.com 

Deborah Hellinger 
Oracle Corporate Communications 
1.212.508.7935 
deborah.hellinger@oracle.com 

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