Expiration Date of Tender Offer for NetSuite Inc. Shares Extended to October 6, 2016

September 9, 2016

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Redwood Shores, Calif.—Sep 9, 2016 – Oracle Corporation (NYSE: ORCL) announced today that it has extended its tender offer in connection with the acquisition of NetSuite Inc. (NYSE: N) until October 6, 2016 to facilitate the completion of outstanding antitrust reviews that are necessary before the tender offer can be consummated.

In accordance with the terms of its merger agreement with NetSuite, to facilitate the review of the tender offer and the proposed acquisition by the Antitrust Division of the Department of Justice and the Cyprus Commission for the Protection of Competition, Napa Acquisition Corporation, a subsidiary of OC Acquisition LLC, a subsidiary of Oracle Corporation, has extended its all-cash tender offer for $109.00 per share for all of the issued and outstanding shares of common stock, par value of $0.01 per share (the “Shares”), of NetSuite Inc. to 12:00 Midnight, Eastern time, at the end of October 6, 2016, unless further extended. The tender offer was previously set to expire at 12:00 Midnight, Eastern time, at the end of September 15, 2016. Except for the extension of the tender offer, all other terms and conditions of the tender offer remain unchanged.

American Stock Transfer & Trust Company LLC, the depositary for the tender offer, has indicated that as of 12:00 Midnight, Eastern time, at the end of September 8, 2016, approximately 81,176,835 Shares were issued and outstanding, and 32,132,178 Shares have been tendered into and not properly withdrawn from the tender offer (including 0 Shares tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase).


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