Janus Announces January Assets Under Management

Company Release - 2/10/2004 6:18 PM ET

DENVER--(BUSINESS WIRE)--Feb. 10, 2004--For the month ending January 31, 2004, Janus Capital Group Inc. (NYSE:JNS) reported total assets under management of approximately $148.8 billion, which is down 1.8% from the prior month's assets of $151.5 billion. Firmwide average assets under management during January were approximately $151.8 billion compared with December's average assets of $149.2 billion, a 1.7% increase.

Long-term (non-money market) assets were approximately $134.6 billion at the end of January versus $135.7 billion at the end of December, a decrease of 0.8%. Long-term average assets in January were $136.4 billion, which is up 2.2% from December's long-term average assets of $133.5 billion.

Excluding the impact of INTECH, which continued to experience inflows, Janus' outflows from non-money market assets decreased significantly in January versus December.

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. it 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 Capital Group 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.