FULL PRODUCT VERSION :
java version "1.7.0"
Java(TM) SE Runtime Environment (build 1.7.0-b147)
Java HotSpot(TM) Server VM (build 21.0-b17, mixed mode)

ADDITIONAL OS VERSION INFORMATION :
Ubuntu 10.04 LTS
Linux gvk-stend 2.6.32-32-generic #62-Ubuntu SMP Wed Apr 20 21:54:21 UTC 2011 i686 GNU/Linux

A DESCRIPTION OF THE PROBLEM :
After setting capabilities with this command:
sudo setcap cap_net_bind_service=+ep /usr/lib/jvm/jdk1.7.0/bin/java

It is impossible to execute binary /usr/lib/jvm/jdk1.7.0/bin/java:
java: error while loading shared libraries: libjli.so: cannot open shared object file: No such file or directory

I even tried to add the absolute path to "libjli.so" and run "sudo ldconfig" but it doesn't help:

$ cat /etc/ld.so.conf.d/libjli.conf
/usr/lib/jvm/jdk1.7.0/jre/lib/i386/jli/libjli.so



STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
1. Unpack the content of "jdk-7-linux-i586.tar.gz" to /usr/lib/jvm
2. sudo setcap cap_net_bind_service=+ep /usr/lib/jvm/jdk1.7.0/bin/java
3. /usr/lib/jvm/jdk1.7.0/bin/java -version

EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
$ /usr/lib/jvm/jdk1.7.0/bin/java -version
java version "1.7.0"
Java(TM) SE Runtime Environment (build 1.7.0-b147)
Java HotSpot(TM) Server VM (build 21.0-b17, mixed mode)
ACTUAL -
$ /usr/lib/jvm/jdk1.7.0/bin/java -version
/usr/lib/jvm/jdk1.7.0/bin/java: error while loading shared libraries: libjli.so: cannot open shared object file: No such file or directory

ERROR MESSAGES/STACK TRACES THAT OCCUR :
/usr/lib/jvm/jdk1.7.0/bin/java: error while loading shared libraries: libjli.so: cannot open shared object file: No such file or directory

REPRODUCIBILITY :
This bug can be reproduced always.