Janus Capital Group Shareholders Elect Three Directors and Approve Compensation Plans

Company Release - 5/8/2003 4:37 PM ET

DENVER--(BUSINESS WIRE)--May 8, 2003--Shareholders of Janus Capital Group Inc. (NYSE:JNS) today approved all four matters under consideration at the company's first annual meeting since its reorganization.

    At today's annual meeting, Janus Capital Group shareholders:

    --  Elected three directors to the company's Board of Directors:
        Robert N. Burt, 65; Landon H. Rowland, 65; and Steven L.
        Scheid, 49. Each director was elected for a three-year term
        expiring in 2006.

    --  Approved the Janus Capital Group Inc. Management Incentive
        Compensation Plan.

    --  Approved performance measures under the Janus Capital Group
        Inc. 1998 Long Term Incentive Stock Plan as amended.

    --  Ratified the appointment of Deloitte & Touche LLP as
        independent accountants.

    About Janus Capital Group Inc.

Based in Denver, Colorado, Janus Capital Group Inc. is a leading asset manager offering individual investors and institutional clients complementary asset management disciplines through the firm's global distribution network.

Janus Capital Group consists of Janus Capital Management LLC, Enhanced Investment Technologies, LLC (INTECH) and Bay Isle Financial LLC. Janus Capital Group owns approximately 33% of DST Systems, Inc. (NYSE:DST) and has agreed to take a 30% ownership stake in Perkins, Wolf, McDonnell and Company's investment advisory business.

This press release includes statements concerning potential future events involving Janus Capital Group Inc. that could differ materially from the events that actually occur. The differences could be caused by a number of factors including those factors identified in Janus' Annual Report on Form 10-K for the year ended December 31, 2002, on file with the Securities and Exchange Commission (Commission file no. 001-15253). Janus will not update any forward-looking statement made in this press release to reflect future events or developments.

    CONTACT: Janus Capital Group Inc.Blair Johnson, 720/210-1439
             Shelley Peterson, 303/316-5625

    SOURCE: Janus Capital Group Inc.