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Oracle Press Release

London, 24th June 2003

Bett bets on Oracle

Oracle E-Business Suite Chosen to Provide Competitive Advantage in Decision-Making, Information Management and Financial Planning

Oracle Corp. (Nasdaq: ORCL), the world's largest enterprise software company, today announced that leading housebuilder Bett has purchased Oracle E-Business Suite to replace its existing legacy Enterprise Resource Planning (ERP) system. Bett worked with Oracle partner Rocela on the software acquisition from Oracle UK, whilst the implementation will be managed by Incisus. CSP Consulting, another Oracle partner, provided an easily integrated house-building sales, customer care and project accounting tool.

Bett, part of the Gladedale property group, needed to implement new systems, because the maintenance and support for its existing DB2 application was being withdrawn by the supplier with only nine months notice. This left the company with very little time in which to complete the full project lifecycle, including the tender analysis. The new systems, which encompass finance, payroll, estimating, procurement, purchasing, inventory maintenance, supplier interaction, business intelligence and order tracking, have been strategically scoped to allow the company to grow as planned. They will provide Bett with competitive advantage in decision-making, information management and financial planning and at the same time allow it to take advantage of the latest technological advantages, including the Internet and mobile communications.

David Gaffney, Gladedale Group Managing Director commented, "This has been a very exciting project requiring huge commitment from all involved. We are delighted to be operational on time and within the budget agreed. This is a very important platform to support the future growth of the Gladedale Group".

Gary Suiter, Bett's group IT director, commented, "We wanted a market leader with long-term scalability and resilience. We chose Oracle because we were confident it could provide us with a solution that met all our requirements. We selected our partners, Rocela, Incisus and CSP, because they have a detailed knowledge of the Oracle product set and a strong track record of delivering successful project implementations. They also demonstrated excellent understanding of our business processes.

A considerable effort from our own project team and an excellent working relationship with our suppliers ensured a successful project delivered on time and within the budget agreed. We are now well positioned to continue to deliver solutions in line with the longer term business needs of the company."

Joe Etienne, senior director, Oracle UK, said, "Not only will the new system give Bett improved visibility across its accounting systems, it will facilitate the better management of relationships with both suppliers and customers. Bett will benefit from faster, more streamlined business processes and administrative cost and time savings. This, coupled with the competitive advantage of being able to track market trends better than any of its rivals, is a necessity as the company begins to implement the next phase of its ambitious growth plan."

Etienne added, "We believe that this is the only complete end to end ERP solution for the house building industry."

Bett considered other e-business solutions but felt that the alternatives were too complex and inflexible, as ease of implementation and 'openness' of the solution were important. The company also looked at smaller industry specific solutions but were wary of the suppliers' ability to provide ongoing support and maintenance in the current economic environment. Integration between many different best of breed solutions was an additional concern.

About Oracle Corp.

Oracle is the world's largest enterprise software company. For more information about Oracle, visit our website at www.oracle.com.

About Bett

Bett Homes trades from three locations - Scotland, the North West and North East of England. For further information, visit www.bett.co.uk

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