Janus Capital Group Appoints John Bluher as General Counsel

Company Release - 7/21/2004 9:16 AM ET

DENVER--(BUSINESS WIRE)--July 21, 2004--Janus Capital Group Inc. (NYSE:JNS) today announced that John H. Bluher, 46, has been appointed senior vice president, general counsel and chief public affairs officer of Janus effective August 23, 2004. He will also be a member of the firm's executive committee. Since June 2002, Bluher has served as general counsel, corporate secretary and director of risk management at Knight Trading Group, Inc. (Nasdaq: NITE).

"John has a very impressive background with more than 20 years of corporate law, securities and litigation experience in both the public and private sectors," said Janus CEO Steve Scheid. "John will be charged with helping us establish and articulate prudent legal, governance and compliance standards that reinforce our commitment to putting our fund holders first. He's an important addition to our leadership team."

Prior to his role at Knight Trading Group, Bluher served as senior vice president and global chief compliance officer at Prudential Securities, Inc. and executive vice president and general counsel at SunAmerica Financial Network, Inc., the financial services holding company for AIG/SunAmerica Inc. From 1987 until 1992, Bluher was senior counsel for the Division of Enforcement at the Securities and Exchange Commission. Prior to that, he was a partner in private practice. Bluher received his B.S. and J.D. from the University of Wyoming.

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.

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, 2003, on file with the Securities and Exchange Commission (Commission file no. 001-15253). Many of such factors are beyond the control of the Company and its management. Any forward-looking statements contained in this release are as of the date on which such statements were made. The Company assumes no duty to update them, even if experience, unexpected events, or future changes make it clear that any projected results express or implied therein will not be realized.

Funds distributed by Janus Distributors LLC (7/04)

    CONTACT: Janus Capital Group Inc.
             Steve Belgrad, 303-394-7706 (Investors)
             or
             Jane Ingalls, 303-394-7311 (Media)

    SOURCE: Janus Capital Group Inc.