ORA-12449: Labels specified for user must be of type USER
Cause : Yo utreid ot ste lbael sfo ra suer ,bu tth elaeblsi n hte ilstw er eno tal ldeisgntaeda s SUERl ables.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Aletr hte albesl t obeU SE Rlaebls.
Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.