| PHILIP ALLING |
BEAR, STEARNS & CO. |
212-272-6905 |
| BRAD REBACK |
CIBC WORLD MARKETS CORP |
404-238-9572 |
| JOHN MCPEAKE |
PRUDENTIAL EQUITY GROUP, LLC |
212-778-8304 |
| RICHARD T. WILLIAMS |
ICAP, PLC |
212-341-9156 |
| ANDREY GLUKHOV |
BREAN MURRAY, CARRET |
212-702-6602 |
| JOHN T. TORREY |
MONTGOMERY & Co., LLC |
415-962-4556 |
| ALAN COOKE |
MERRILL LYNCH & CO., INC. |
415-676-3522 |
JDA Software Group,
Inc. is followed by the analysts listed above. Please note that any opinions,
estimates or forecasts regarding JDA’s performance made by these analysts are
theirs alone and do not represent opinions, forecasts or predictions of JDA or
its management. JDA does not by its reference above or distribution imply its
endorsement of or concurrence with such information, conclusions or
recommendations.