Janus Announces November Assets Under Management

Company Release - 12/8/2003 5:24 PM ET

DENVER--(BUSINESS WIRE)--Dec. 8, 2003--For the month ending November 30, 2003, Janus Capital Group Inc. (NYSE:JNS) reported total assets under management of approximately $147.5 billion, which is down 1.5% from the prior month's assets of $149.8 billion. Firmwide average assets under management during November were approximately $148.2 billion compared with October's average assets of $150.1 billion, a 1.3% decrease.

Long-term (non-money market) assets were approximately $132.8 billion at the end of November versus $133.9 billion at the end of October, a decrease of 0.8%. Long-term average assets in November were $132.5 billion, which is down 0.6% from October's long-term average assets of $133.3 billion. (All asset figures for November and October exclude Nelson Money Managers plc, a UK-based money management firm that Janus sold on 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 30% of Perkins, Wolf, McDonnell and Company, LLC and approximately 9% of DST Systems, Inc.

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
             Media Contacts:
             Jane Ingalls, 303-394-7311
             Blair Johnson, 720-210-1439

    SOURCE: Janus Capital Group Inc.