Janus Reports Restricted Stock and Stock Option Awards to Senior Vice President of Institutional Services

Company Release - 6/3/2004 6:46 PM ET

DENVER--(BUSINESS WIRE)--June 3, 2004--As required by New York Stock Exchange rules, Janus Capital Group Inc. (NYSE: JNS) today reported awards of restricted stock and stock options made to the company's Senior Vice President of Institutional Services, John Zimmerman. Zimmerman, who joined Janus on June 1, fills a new role overseeing Institutional Investment Services and Institutional Cash Management.

The 21,526 shares of restricted stock, which were granted on Tuesday, June 1, have a three-year vesting schedule, with the first vesting event occurring on March 31, 2005. The 50,652 stock options, which were also granted on Tuesday, June 1, have an exercise price of $16.26 and a 10-year term. One-third of the stock options vest annually, with the first vesting event occurring on March 31, 2005.

In accordance with NYSE Rule 303A.08, the restricted stock and stock option grants require a public announcement of the awards and written notice to the NYSE.

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), Bay Isle Financial LLC and Capital Group Partners, Inc. Janus Capital Group owns 30% of Perkins, Wolf, McDonnell and Company, LLC and approximately 9% of DST Systems, Inc.

    CONTACT: Janus Capital Group Inc.
             Investor Relations Contact:
             Steve Belgrad, 303-394-7706
                   or
             Media Contacts:
             Jane Ingalls, 303-394-7311
             Blair Johnson, 720-210-1439

    SOURCE: Janus Capital Group Inc.