Oracle Financial Services Software Ltd.

Oracle Financial Services Software has informed that the Board of Directors of the Company at its meeting held on February 10, 2016, has approved the ‘Policy on Determination of Material Events and Information’ and ‘Record Retention Policy’ for disclosures to the Stock Exchanges and the same shall also be disclosed on the website of the Company. Further, the Board has authorized the Managing Director & Chief Executive Officer (MD & CEO) and the Chief Financial Officer (CFO) of the Company, severally, to determine the materiality of an event or information or for the purpose of making the disclosures to the Stock Exchanges.

The above information is a part of company’s filings submitted to BSE.