SQL & PL/SQL

I want to have an output if the drop table was success or fail, is this the best way to do it?

SET serveroutput on

DECLARE
   x            number;
BEGIN
   EXECUTE IMMEDIATE 'drop table mytable';
   DBMS_OUTPUT.put_line('Success.');
EXCEPTION
   WHEN OTHERS
   THEN
      DBMS_OUTPUT.put_line('Fail.');
END;

Thanks