Janus Announces October Assets under Management

Company Release - 11/11/2003 4:50 PM ET

DENVER--(BUSINESS WIRE)--Nov. 11, 2003--At the close of the market on October 31, 2003, Janus Capital Group Inc. (NYSE: JNS) reported total assets under management of approximately $149.8 billion, up 3.4% from the prior month's assets of $144.9 billion. Firmwide average assets under management during October were $150.1 billion compared with September's average assets of $150.0 billion. (All asset figures for October and September exclude Nelson Money Managers plc, a UK-based money management firm that Janus sold October 23, 2003.)

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 34% 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.

    CONTACT: Janus Capital Group Inc.
             Investor Contact:
             Steve Belgrad, 303-394-7706
                 or
             Media Contact:
             Shelley Peterson, 303-316-5625

    SOURCE: Janus Capital Group Inc.