Divine Capital Initiates Coverage of Oracle Corporation

Divine Capital Markets LLC, a leading, women-owned brokerage and investment firm serving institutional managers, pension funds and high net worth individuals, announced today that William Laemmel, the firms senior research analyst has initiated coverage on Oracle Corporation (NASDAQ:ORCL) and has issued a long-term buy recommendation on the industrys leading provider of business enterprise software.

New York, NY December 30 2003--Divine Capital Markets LLC, a leading, women-owned brokerage and investment firm serving institutional managers, pension funds and high net worth individuals, announced today that William Laemmel, the firms senior research analyst has initiated coverage on Oracle Corporation (NASDAQ:ORCL) and has issued a long-term buy recommendation on the industrys leading provider of business enterprise software.

In a detailed report distributed to the firms clients, Mr. Laemmel stated, All signs point to renewed vigor in the marketplace for business enterprise software, and corporate IT managers are expected to markedly increase their investment in software and technology in comparison to the past two or three years. We believe that Oracle, the dominant player in this sector, is ideally positioned to leverage the resurgence in spending on business enterprise software and we expect the company to achieve a 25% increase in operating EPS for 2004-2006.

Laemmel added, Despite pressure on the stock price due to arbitrage-related short selling in connection with the companys bid to acquire PeopleSoft, we believe the shares are especially attractive in the low teens. Once that transaction is either completed or abandoned, we expect the price will improve considerably over the long term and to more adequately reflect the companys underlying value.

About Divine Capital Markets, LLC.
Established in 1996 by Danielle Hughes, the firms President and CEO, Divine Capital Markets LLC is a leading women-owned, minority brokerage and investment banking firm recognized for providing institutional clients, pension fund managers and a select group of accredited investors worldwide with agency execution, corporate finance and private wealth management services. Through an affiliation with TS Meehan & Company, the firm also provides a patent-pending, computer-based execution service to Fortune 500 corporate treasurers who are responsible for overseeing corporate share repurchase programs. Divine Capital can be found on the Internet via http://www.DivineCapital.com

For Additional Information:
Divine Capital Markets, LLC
Danielle Hughes, President & CEO
Tel: (212) 344-5867