Exhibit 99.5

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS

Description of the Transaction

     On January 28, 2010, we completed the acquisition of i2 Technologies, Inc. (“i2”) for approximately $599.8 million, which includes cash consideration of approximately $431.8 million and the issuance of approximately 6.2 million shares of our common stock with an acquisition date fair value of approximately $168.0 million, or $26.88 per share, determined on the basis of the closing market price of our common stock on the date of acquisition (the “Merger”).

     Under the terms of the Merger Agreement, each issued and outstanding share of i2 common stock was converted into the right to receive $12.70 in cash and 0.2562 of a share of JDA common stock (the “Merger Consideration”). Holders of i2 common stock did not receive any fractional JDA shares in the Merger. Instead, the total number of shares that each holder of i2 common stock received in the Merger was rounded down to the nearest whole number, and JDA paid cash for any resulting fractional share determined by multiplying the fraction by $26.65, which represents the average closing price of JDA common stock on Nasdaq for the five consecutive trading days ending three days prior to the effective date of the Merger.

     Each outstanding option to acquire i2 common stock was canceled and terminated at the effective time of the Merger and converted into the right to receive the Merger Consideration with respect to the number of shares of i2 common stock that would have been issuable upon a net exercise of such option, assuming the market value of the i2 common stock at the time of such exercise was equal to the value of the Merger Consideration as of the close of trading on the day immediately prior to the effective date of the Merger. Any outstanding option with a per share exercise price that was greater than or equal to such amount was cancelled and terminated and no payment was made with respect thereto. In addition, each i2 restricted stock unit award outstanding immediately prior to the effective time of the Merger was fully vested and cancelled, and each holder of such awards became entitled to receive the Merger Consideration for each share of i2 common stock into which the vested portion of the awards would otherwise have been convertible. Each i2 restricted stock award was vested immediately prior to the effective time of the Merger and was entitled to receive the Merger Consideration.

     Each outstanding share of i2’s Series B Preferred Stock was converted into the right to receive $1,100 per share in cash, which is equal to the stated change of control liquidation value of each such share plus all accrued and unpaid dividends thereon through the effective date of the Merger.

     At the effective time of the Merger, each outstanding warrant to purchase shares of i2’s common stock ceased to represent a right to acquire i2’s common stock and was assumed by JDA and converted into a warrant with the right to receive upon exercise, the Merger Consideration that would have been received as a holder of i2 common stock if such i2 warrant had been exercised prior to the Merger. In total, 420,237 warrants to purchase i2 common stock at an exercise price of $15.4675 were assumed and converted into the right to receive the Merger Consideration upon exercise, including 107,663 shares of JDA common stock.

     The Merger is being accounted for using the acquisition method of accounting, with JDA identified as the acquirer, and the operating results of i2 have been included in our consolidated financial statements from the date of acquisition. Under the acquisition method of accounting, all assets acquired and liabilities assumed will be recorded at their respective acquisition-date fair values. We have allocated all goodwill recorded in the i2 acquisition ($66.0 million) to our Supply Chain reportable business segment. None of the goodwill recorded in the i2 acquisition is deductible for tax purposes. In addition, we have initially recorded $116.1 million in other intangible assets including $76.2 million for customer-based intangibles (maintenance relationships and future technological enhancements, service relationships and a covenant not-to-complete), $25.6 million for technology-based intangibles consisting of developed technology and $14.3 million for marketing-based intangibles consisting of trademark and trade names. The purchase price allocation on this acquisition has not been finalized. We have retained an independent third party appraiser for the intangible assets to assist management in its valuation; however, we are still in the process of obtaining all information necessary to determine the fair values of the

acquired assets. This could result in adjustments to the carrying value of the assets and liabilities acquired, the useful lives of intangible assets and the residual amount allocated to goodwill. The initial allocation of the purchase price is based on the best estimates of management and is subject to revision based on the final valuations and estimates of useful lives. The initial estimated weighted average amortization period for all intangible assets acquired in this transaction that are subject to amortization is 6.7 years.

     The following table summarizes our initial estimate of the fair values of the assets acquired and liabilities assumed at the date of acquisition.

										Weighted
										Average
						Useful				Amortization
						Life				Period
Cash		$	218,348
Fair value of trade accounts receivable acquired			31,711
Fair value of other current assets acquired			50,038
Fair value of fixed assets acquired			3,116
Customer-based intangibles			76,200			1-7 years				6 years
Technology-based intangibles			25,600			7 years				7 years
Marketing-based intangibles			14,300			5 years				5 years
Long-term deferred tax assets acquired			218,322
Fair value of other non-current assets			3,925
Total assets acquired			641,560
Goodwill			66,041
Total assets acquired		$	707,601
Fair value of deferred revenue assumed		$	(62,614	)
Fair value of other current liabilities assumed			(41,128	)
Fair value of other non-current liabilities assumed			(4,105	)
Total liabilities assumed			(107,847	)
Net assets acquired from i2 Technologies, Inc		$	599,754

     As of the date of the acquisition, the gross contractual amount of trade accounts receivable acquired were $35.4 million, of which approximately $3.7 million is expected to be uncollectable.

     Liabilities have been recognized for certain assumed customer and labor disputes of $7.7 million and $268,000, respectively. The potential undiscounted amount of all future payments that we could be required to make to settle the customer and labor disputes is estimated to range between $5.2 million and $9.4 million and $73,000 and $1.2 million, respectively.

Basis of Pro Forma Presentation

     The unaudited pro forma condensed combined statement of income for the year ended December 31, 2009 combines the historical JDA consolidated statement of income for the year ended December 31, 2009 with the historical i2 consolidated statement of operations for the year ended December 31, 2009 giving effect to the merger as if it had occurred on January 1, 2009. The unaudited pro forma condensed combined statement of operations for the three months ended March 31, 2010 combines the historical JDA consolidated statement of operations for the three months ended March 31, 2010 with the i2’s internal consolidated statement of operations for the month of January 2010, giving effect to the Merger as if it had occurred on January 1, 2010.

     The unaudited pro forma condensed combined financial information provided herein does not purport to represent the results of operations or financial position of JDA that would have actually resulted had the Merger been completed as of the dates indicated, nor should the information be taken as indicative of the future results of operations or financial position of the combined company. The unaudited pro forma condensed combined financial statements do not reflect the impacts of any potential operational efficiencies, cost savings or economies of scale that JDA may achieve with respect to the combined operations of JDA and i2.

     The unaudited pro forma condensed combined pro forma financial statements should be read in conjunction with the historical consolidated financial statements and accompanying notes of JDA and i2 that appear elsewhere herein.

JDA SOFTWARE GROUP, INC.
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 2009
(in thousands, except per share data)

		Historical												Pro Forma
Description		JDA				i2				Reclassification				Adjustments				Pro Forma
Revenues:
Software licenses			88,786								31,766	(1)						$	120,552
Software solutions			0				55,093				(55,093)	(1)							0
Subscriptions and other recurring revenues							0				23,327	(1)							23,327
Maintenance services			179,336				73,134												252,470
Product Revenues			268,122				128,227				0				0				396,349
Consulting services			107,618				94,583												202,201
Reimbursed expenses			10,060				0												10,060
Service Revenues			117,678				94,583				0				0				212,261
Total Revenues			385,800				222,810				0				0				608,610
Cost of Revenues:
Cost of software licenses and subscriptions			3,241								9,564	(1)							12,805
Cost of software solutions			0				9,564				(9,564)	(1)							0
Amortization of acquired software technology			3,920				0								3,657	(3)			7,577
Cost of maintenance services			43,165				8,929												52,094
Cost of Product Revenues			50,326				18,493				0				3,657				72,476
Cost of consulting services			85,285				59,973												145,258
Reimbursed expenses			10,060				0												10,060
Cost of Service Revenues			95,345				59,973				0				0				155,318
Total Cost of Revenues			145,671				78,466				0				3,657				227,794
Gross Profit			240,129				144,344				0				(3,657	)			380,816
Operating Expenses:
Product development			51,318				26,629												77,947
Sales and marketing			66,001				36,962												102,963
General and administrative			47,664				41,000												88,664
Amortization of intangibles			23,633				25								17,749	(3)			41,407
Restructuring charges and adjustments to reserves			6,865				2,975												9,840
Acquisition-related costs			4,768				0												4,768
Intellectual property settlement, net			0				935												935
Total Operating Expense			200,249				108,526				0				17,749				326,524
Operating Income (Loss)			39,880				35,818				0				(21,406	)			54,292
Interest expense and amortization of loan fees			(2,712	)			(899	)							(22,367) (2),	(5)			(25,978	)
Finance costs on abandoned acquisition			767				0												767
Foreign currency hedge and transaction gain (loss), net			0				(1,755	)			677	(1)							(1,078	)
Loss on extinguishment of debt			0				(892	)											(892	)
Interest income and other, net			1,253				325				(967)	(1)			(611)	(4)			0
Other income (expense), net			0				(1,142	)			290	(1)							(852	)
Income (Loss) Before Income Taxes			39,188				31,455				0				(44,384	)			26,259
Income tax (provision) benefit			(12,849	)			147								15,534	(7)			2,832
Net Income			26,339				31,602				0				(28,850	)			29,091
Consideration paid in excess of carrying value of the repurchase of redeemable preferred stock			(8,593	)			0												(8,593	)
Preferred stock dividends and accretion of discount							(3,215	)							3,215	(6)			0
Income Applicable to Common Shareholders			17,746				28,387				0				(25,635	)			20,498
Earnings Per Share Applicable to Common Shareholders:
Basic earnings per share		$	0.51			$	1.05											$	0.50
Diluted earnings per share		$	0.50			$	1.03											$	0.49
Shares Used to Compute Earnings Per Share:
Basic earning per share			34,936				27,128								6,249	(8)			41,185
Diluted earnings per share			35,258				27,526								6,249				41,507

See accompanying notes to unaudited pro forma condensed combined financial statements

JDA SOFTWARE GROUP, INC.
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF INCOME
FOR THE THREE MONTHS ENDED MARCH 31, 2010
(in thousands, except per share data)

		Historical												Pro Forma
Description		JDA				i2				Reclassification				Adjustments				Pro Forma
Revenues:
Software licenses			24,437								2,029	(1)							26,466
Software solutions							3,450				(3,450)	(1)							0
Subscription services			4,287				0				1,421								5,708
Maintenance services			57,060				5,416												62,476
Product Revenues			85,784				8,866				0								94,650
Consulting services			43,002				6,160												49,162
Reimbursed expenses			2,845				0												2,845
Service Revenues			45,847				6,160				0				0				52,007
Total Revenues			131,631				15,026				0				0				146,657
Cost of Revenues:
Cost of software licenses and subscriptions			1,008				0				(396)	(1)							612
Cost of software solutions							(396	)			396	(1)							0
Amortization of acquired software technology			1,576				0								305	(3)			1,881
Cost of maintenance services			12,033				873												12,906
Cost of Product Revenues			14,617				477				0				305				15,399
Cost of consulting services			35,269				5,651												40,920
Reimbursed expenses			2,845				0												2,845
Cost of Service Revenues			38,114				5,651				0				0				43,765
Total Cost of Revenues			52,731				6,128				0				305				59,164
Gross Profit			78,900				8,898				0				(305	)			87,493
Operating Expenses:
Product development			17,277				4,025												21,302
Sales and marketing			21,112				6,140												27,252
General and administrative			17,697				7,121												24,818
Amortization of intangibles			8,566				0								1,481	(3)			10,047
Restructuring charges and adjustments to reserves			7,758				0												7,758
Acqusition-related costs			6,743				0												6,743
Total Operating Expense			79,153				17,286				0				1,481				97,920
Operating Income (Loss)			(253	)			(8,388	)			0				(1,786	)			(10,427	)
Interest expense and amortization of loan fees			(6,086	)			0												(6,086	)
Foreign currency hedge and transaction gain (loss), net			0				(184	)			961	(1)							777
Loss on extinguishment of debt			0				0												0
Interest income (loss)			1,123				3				(1,084)	(1)			(42)	(4)			0
Other income (expense), net			0				(4,455	)			123	(1)							(4,332	)
Income (Loss) Before Income Taxes			(5,216	)			(13,024	)			0				(1,828	)			(20,068	)
Income tax provision (benefit)			(948	)			223								(640)	(7)			(1,365	)
Net Income (loss)			(4,268	)			(13,247	)			0				(1,188	)			(18,703	)
Earnings Per Share Applicable to Common Shareholders:
Basic earnings per share			( $0.11	)															( $0.45	)
Diluted earnings per share			( $0.11	)															($0.45	)
Shares Used to Compute Earnings Per Share:
Basic earning per share			39,343												1,875	(8)			41,218
Diluted earnings per share			39,343												1,875				41,218

See accompanying notes to unaudited pro forma condensed combined financial statements

JDA SOFTWARE GROUP, INC.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
(in thousands, except per share data and as otherwise noted)

Unaudited Pro Forma Condensed Combined Statements of Income

	(1)		Entry records certain reclassifications to conform the JDA and i2 presentations.
	(2)		Entry records the increase in interest expense and amortization of loan fees arising from the amortization of underwriter fees, original issue discount (“OID”) and other loan origination fees on the issuance of $275 million in five-year, 8.0% senior notes in order to finance the transaction. The pro forma assumes straight-line amortization of the placement fees and other loan origination fees over an estimated five-year term. The pro forma assumes amortization of the OID over an estimated five-year term using the effective interest method. These calculations only apply to the year ended December 31, 2009 as the historical financial statements for the three months ended March 31, 2010 already reflect a full quarter of related amortization.

		Year				Three Months
		Ended				Ended
		12-31-09				3-31-10
Amortization of underwriter fees		$	1,100			$	—
Amortization of OID			479				—
Amortization of other loan origination fees			242				—
		$	1,821			$	—
Less amounts recorded in the JDA historical financial statements			(110	)
		$	1,711

(3)

Entry eliminates i2 historical amortization expense and records the increase in amortization expense arising from the purchase accounting adjustments as follows:

										Three Months
		Amortization				Ended				Ended
		Period				12-31-09				3-31-10
Technology-based intangibles		7 Years				$	3,657			$	914
Less amounts recorded in the JDA historical financial statements							—				(609	)
Less amounts recorded in the i2 historical financial statements							—				—
						$	3,657			$	305
Customer-based intangibles		1 -7 Years				$	14,914			$	3,729
Marketing-based intangibles		5 Years					2,860				715
							17,774				4,444
Less amounts recorded in the JDA historical financial statements							—				(2,963	)
Less amounts recorded in the i2 historical financial statements							(25	)			—
						$	17,749			$	1,481

(4)

The pro forma adjustment for the year ended December 31, 2009 and the three months ended March 31, assumes that all interest income would be eliminated as the remaining cash balances would be used for operating purposes and would not be available for investment.

		Year				Three Months
		Ended				Ended
		12-31-09				3-31-10
JDA — historical interest income			286				39
i2 — historical interest income			325				3
			611				42
Less interest income on combined cash balances used to fund cash obligations of the Merger			(611	)			(42	)
		$	—			$	—

(5)

Entry records interest expense on the senior unsecured notes used to effect the Merger as of January 1, 2009 and 2010. These calculations only apply to the year ended December 31, 2009 as the historical financial statements for the three months ended March 31, 2010 already reflect this interest.

		Year				Three Months
		Ended				Ended
		12-31-09				3-31-10
Interest expense on $275 million of senior unsecured notes calculated at an interest rate of 8.0%		$	22,000			$	—
Less amounts recorded in the JDA historical financial statements			(1,344	)
		$	20,656

	(6)		Entry eliminates i2’s historical preferred stock dividend and related accretion of discount on their Series B convertible preferred stock.
	(7)		Entry records an incremental income tax (provision) benefit on the pro forma adjustments at the statutory rate of 35% for the year ended December 31, 2009 and the three months ended March 31, 2010.
	(8)		Adjusts the shares used to compute earnings per share applicable to common shareholders to include 6,249,213 JDA common shares issued as share consideration to i2 common equity holders. The shares were issued on January 28, 2010; accordingly, the historical weighted average shares for the three months ended March 31, 2010 already include approximately 2/3 of the shares issued in connection with the acquisition. The adjustment for the three months ended March 31, 2010 includes the additional 1/3 of the shares or approximately 1,874,764.