Janus Names Jill Paitchel President of International Business

Company Release - 1/20/2004 8:01 AM ET

DENVER--(BUSINESS WIRE)--Jan. 20, 2004--Janus Capital Group Inc. (NYSE: JNS) today announced the appointment of Jill Paitchel as President of Janus International, the company's global division. The appointment reflects Janus' continued commitment to building its growing international business and providing retail and institutional investors outside the United States a broad range of investments strategies.

In this new position, Paitchel is responsible for the day-to-day oversight of Janus' international business, which managed more than $6 billion in assets at the end of 2003. Based in Westport, Connecticut, Paitchel reports to Erich Gerth, Senior Vice President and Managing Director of the Janus Global Adviser business.

Paitchel comes to Janus with more than 20 years experience in the investment industry, including the last seven years with Citigroup Asset Management. Most recently, she was Head of Retail and High Net Worth Asset Management for Europe, the Middle East and Africa as well as Global Head of Product Development. She also spent more than 10 years with Lehman Brothers, where she was director of the company's offshore mutual funds and managed-product group.

In announcing the appointment, Gerth said he was particularly impressed with Paitchel's wide-ranging experience in product and business development and in introducing mutual funds in markets outside the United States.

"This appointment reflects our continued emphasis on building one of the fastest-growing parts of Janus - our retail and institutional business outside the United States," said Gerth. "Jill brings a deep understanding of the nuances of the international marketplace and her record of success in product and business management will be a great asset as we continue to expand internationally."

Paitchel earned a bachelor's degree in international relations from the American University in Washington, D.C. and a master's in business administration in international finance from the Monterey Institute of International Studies in California. She also attended the Oxford Strategic Leadership Programme at Templeton College, University of Oxford, England in November 2001.

In a separate development, Gerth also announced the appointment of Amy Martich as national account director for Janus Global Adviser. Her primary responsibility is building key relationships with broker-dealer firms, including national wirehouses, regional firms and independents. She is based in the Chicago area and has an office in Denver.

Martich has more than 11 years experience in mutual funds at Scudder and Kemper, where she was a vice president and senior account manager in the broker-dealer division and, prior to that, managed two territories in the company's internal wholesaler group.

She holds a bachelor's degree in management and finance from Purdue University and a master's in business administration from the Keller Graduate School of Management.

About Janus International

Janus International was started in 1998 to bring the Janus investment approach to non-U.S. investors. Later that year, Janus International introduced the first of its Janus World Funds Plc., a range of 17 funds modeled after some of Janus' strongest-performing U.S.-based funds. Registered in Dublin, Ireland, the Janus World Funds offer a variety of investment disciplines - from growth, value, core and risk-managed equities to REITs, investment grade bonds, high-yield bonds and money markets. In addition to its full family of mutual funds, Janus also provides separate accounts and sub advisory services. Outside the U.S., Janus has offices in London, Hong Kong, Tokyo and Milan.

About Janus Capital Group Inc.

Based in Denver, Colo., 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. At the close of the market on December 31, 2003, Janus Capital Group managed approximately $151.5 billion in assets for institutional and retail investors worldwide.

Janus Capital Group consists of Janus Capital Management LLC, Enhanced Investment Technologies LLC (INTECH), Bay Isle Financial LLC and JCG Partners. Janus Capital Group also 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.

The press release is issued by Janus International Limited, authorised and regulated by the Financial Services Authority.

Janus World Funds Plc is a UCITS established under the laws of Ireland. An investment in the Fund may not be suitable for all investors, and if you have any doubts as to the suitability of the Fund, you should consult your investment adviser. The Funds are not available to US persons. This press release is not a solicitation for the sale of shares.

For a prospectus containing more information, including charges, risks and expenses, please call Janus at 800-525-3713 or download the file from janus.com. Read it carefully before you invest or send money.

Janus U.S. based Funds distributed by Janus Distributors LLC (01/04)

Approval Code: AJT0104(3)0104Global

    CONTACT: Janus Capital Group Inc.Neal Jenkins, 44 207 410 1907 (London)
             Blair Johnson, 720 210-1439 (Denver)

    SOURCE: Janus Capital Group Inc.