Kirti,
I have checked it out on 8i , it works out fine with P_A_T. Now i 'm beginning to 
think that it might be showing bogus value or there's some other factor affecting it. 
I restarted the db, changed the large_pool_size param , but the free memory is not 
budging from the 4Gigs. The only way i am able to bring it down is by turning P_A_T 
off.
Thanks for the PARALLEL_EXECUTION_POOL stuff. 'll check it out.

Regards,

Tc
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