Janus Announces December Assets Under Management; Fourth-Quarter and Year-End Earnings Presentation Scheduled for February 4

Company Release - 1/8/2004 5:21 PM ET

DENVER--(BUSINESS WIRE)--Jan. 8, 2004--At the close of the market on December 31, 2003, Janus Capital Group Inc. (NYSE: JNS) reported total assets under management of approximately $151.5 billion, which is up 2.7% from the prior month's assets of $147.5 billion. Firmwide average assets under management during December were approximately $149.2 billion compared with November's average assets of $148.2 billion, a 0.7% increase.

Long-term (non-money market) assets were approximately $135.7 billion at the end of December versus $132.8 billion at the end of November, an increase of 2.2%. Long-term average assets in December were $133.5 billion, which is up 0.8% from November's long-term average assets of $132.5 billion.

Month-end assets under management for each mutual fund are posted on janus.com.

Fourth-Quarter and 2003 Year-End Results

Janus Capital Group will release its fourth-quarter and 2003 year-end financial results before the market opens on Wednesday, February 4, 2004. The company will discuss its results during a conference call February 4 at 11 a.m. Eastern Standard 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 February 4. 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. Outside the U.S., the company has offices in London, Hong Kong, Tokyo, and Milan.

Janus Capital Group consists of Janus Capital Management LLC, Enhanced Investment Technologies, LLC (INTECH), Bay Isle Financial LLC and JCG Partners. 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 Contact:
             Jane Ingalls, 303-394-7311
             Shelley Peterson, 303-316-5626

    SOURCE: Janus Capital Group Inc.