Janus Announces June Assets Under Management; Second-Quarter Earnings Call Scheduled for Wednesday, July 30

Company Release - 7/9/2003 5:00 PM ET

DENVER--(BUSINESS WIRE)--July 9, 2003--At the close of the market on June 30, 2003, Janus Capital Group Inc. (NYSE:JNS) reported total assets under management of approximately $149.8 billion, up 1.6% from the end of May. During the same period, the S&P 500 Index increased approximately 1.2%, the Dow Jones Industrial Average rose 1.7% and the NASDAQ Composite Index advanced 1.6%.

Janus Capital Group's average assets under management during June were approximately $151.0 billion, an increase of 4.4% from May's average assets.

Second-Quarter Financial Results

Janus Capital Group will release its second-quarter financial results before the market opens on Wednesday, July 30, 2003. The company will discuss its results during a conference call July 30 at 11:00 a.m. Eastern Daylight Time. The call-in number will be 877-301-7574. (Anyone outside the U.S. or Canada should call 706-643-3623.) The slides used during the presentation will be available in the Investor Relations section of the Janus Capital Group Web site (www.janus.com) beginning July 30. For those unable to join the conference call at the scheduled time, a replay will be available on www.janus.com.

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 30% of Perkins, Wolf, McDonnell and Company, LLC.

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.

Past performance is no guarantee of future results.

Comparative Equity Index as of 6/30/03
Average Annual Returns (%)                 1-Year  5-Year  10-Year
Standard & Poor's 500 Index                  0.25   (1.61)   10.04
Dow Jones Industrial Average                (0.50)   1.92    12.15
NASDAQ Composite                            10.91   (3.05)    8.71

The S&P 500 is the Standard & Poor's Composite Index of 500 stocks, a widely recognized, unmanaged index of common stock prices. The National Association of Securities Dealers Automated Quotation System is a nationwide computerized quotation system for over 5,500 over-the-counter stocks. The index is compiled of more than 4,800 stocks that are traded via this system. Dow Jones Industrial Average (DJIA) is an unmanaged index of 30 common stocks of companies that are major factors in their industries and widely held by individuals and institutional investors.

The index is not available for direct investment; therefore its performance does not reflect the expenses associated with the active management of an actual portfolio.

    CONTACT: Janus Capital Group Inc.Jane Ingalls, 303-394-7311
             Blair Johnson, 720-210-1439

    SOURCE: Janus Capital Group Inc.