Woolworths Selects i2 as Strategic Supply Chain IT Solutions Partner.

Business Editors/High-Tech Writers

DALLAS & SYDNEY, Australia--(BUSINESS WIRE)--Oct. 22, 2003

i2 Technologies, Inc. (OTC:ITWO), a leading provider of end-to-end supply chain management solutions, today announced that Woolworths Limited, Australia's leading retailer, has selected i2 as its strategic supply chain IT solutions partner.

Since 1999 Woolworths has been engaged in a major business change program called Project Refresh, with a goal of reducing Woolworths' cost of doing business. Through Project Refresh Level One, the cost of doing business as a percentage of sales has fallen dramatically. With Level One savings continuing to compound long-term, Woolworths is now focusing on achieving savings from Project Refresh Level Two, which includes investments to improve its supply chain over the next five years.

A key component of Project Refresh Level Two is a supply chain re-engineering initiative to be powered by i2 software designed to enable:

    --  Optimization of movement of inventory through the physical
        supply network to reduce lead times, costs and inventory
    --  Rapid re-optimization of replenishment plans for ambient,
        fresh, chilled and frozen items
    --  Supplier to store transportation optimization, planning and
        management
    --  Supply chain event monitoring and management
    --  Collaboration with suppliers
    --  Order management
    --  Master data management
    --  Reporting and analytics

An i2 customer since March 2000, Woolworths is currently live with i2 Demand Planner and Replenishment Planner. Woolworths uses Demand Planner to forecast distribution center stock requirements and Replenishment Planner to calculate store stocking needs. Woolworths reports that it has realized significant service improvements and inventory reductions to date.

"i2 is a recognized supply chain leader and was selected because of its proven people and solutions, demonstrated retail expertise and alignment with the Woolworths vision," said Stephen Bradley, Woolworths, Ltd. CIO. "We have achieved impressive results with the i2 solutions that we have already implemented and believe that i2 has the knowledge, expertise and passion for delivering solid results and customer satisfaction. We believe that this makes them the best partner for us."

The new agreement announced today was signed in the third quarter of 2003 and is subject to the completion of due diligence by Woolworths. It includes a suite of i2 Supply Chain Management solutions for retailers and provides for associated services to further develop the solutions to support Woolworths' strategic supply chain vision. Tata Consulting Services (TCS) is included in a three-way agreement as an important partner to both Woolworths and i2 to jointly develop and provide ongoing support of a world class, end-to-end grocery retail supply chain solution based on best practice retail workflows designed to optimize the entire Woolworths supply chain.

"Woolworths is Australia's most successful retailer, in part because of its ability to invest wisely in technology that continues to improve the bottom line," said Paul Nobbs, i2 Country Manager, Australia. "It is rewarding to work with them because we share a common vision and enthusiasm for identifying inefficiencies and eliminating waste and duplication through the application of a smart supply chain strategy."

About i2

A leading provider of end-to-end supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize activities involved in successfully managing supply and demand. i2 has more than 1,000 customers worldwide--many of which are market leaders--including seven of the Fortune global top 10. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.

i2 is a registered trademark of i2 Technologies US, Inc. and i2 Technologies, Inc.

About Woolworths, Ltd.

Woolworths Limited is a leading Australian retailer with a number of Business Divisions all providing customers with quality, range, value and everyday low prices. The company's mission is to deliver customers a better shopping experience - each and every time. The company operates more than 1,500 stores in Australia, plus an additional 37 Dick Smith Electronics stores in New Zealand. Major brands include Woolworths, Safeway, Food For Less, Dick Smith Electronics and PowerHouse, Tandy, Woolworths Liquor, BWS, First Estate, Dan Murphy's, Plus Petrol, BIG W, Woolworths Ezy Banking, Woolworths HomeShop and GreenGrocer.com. The company, headquartered in Sydney, employs 145,000 people.

i2 Cautionary Language

This press release may contain forward-looking statements that involve risks and uncertainties including forward-looking statements regarding the customer's ability to implement or integrate i2 solutions successfully and in a timely fashion, receive expected functionality and performance, or achieve benefits attributable to i2 solutions. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those projected in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Annual Report on Form 10-K filed July 21, 2003 and the Quarterly Reports on Form 10-Q filed August 12 and August 14, 2003. i2 assumes no obligation to update the forward-looking information contained in this news release.