ORACLE NARROWS SEARCH FOR MEDIA AGENCY

Global Ad Buying and Planning Account Worth $50 Million

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SAN FRANCISCO (AdAge.com) -- Oracle Corp. has narrowed the search for its estimated $40 million to $50 million global advertising media account to three shops.

The agencies in the hunt are the incumbent,

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Grey Global Group's MediaCom, San Francisco; Publicis Groupe's Starcom, Chicago; and Interpublic Group of Cos.' Initiative, Los Angeles.

Oracle's U.S. media spend was $18.8 million in 2002 and grew to more than $30 million in 2003, according to TNS Media Intelligence/CMR.

Russel Wohlwerth, a principal at Select Resources International, which is firm handling the search, said a decision was expected by early June.

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