DST And Janus Discussing Potential Transactions

Company Release - 4/29/2003 7:02 AM ET

KANSAS CITY, Mo. and DENVER--(BUSINESS WIRE)--April 29, 2003--DST Systems, Inc. (NYSE:DST) and Janus Capital Group Inc. (NYSE:JNS) announced today that the two companies are discussing potential transactions, including a tax-free reorganization, that could result in DST acquiring all or a portion of the 39.7 million shares (approximately 33%) of DST common stock currently owned by Janus Capital Group. The discussions are preliminary and no agreement has been reached.

    CONTACT: For Janus Capital Group Inc.Blair Johnson, 720/210-1439
             DST Systems, Inc.
             Kenneth V. Hager, 816/435-8603

    SOURCE: Janus Capital Group Inc.