Janus Reports Restricted Stock and Stock Option Awards to Senior Vice President

Company Release - 9/23/2004 5:40 PM ET

DENVER--(BUSINESS WIRE)--Sept. 23, 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 Dominic Martellaro, the company's newly hired Senior Vice President in charge of global intermediary distribution.

The 74,840 shares of restricted stock, which were granted on Wednesday, September 22, have a three-year vesting schedule with the first vesting event occurring on December 30, 2004. The 176,471 stock options, which were also granted on Wednesday, September 22, have an exercise price of $14.03 and a 10-year term. One-third of the stock options vest annually, with the first vesting event occurring on December 30, 2004.

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. 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, Inc. Janus Capital Group owns 30% of Perkins, Wolf, McDonnell and Company, LLC.

    CONTACT: Janus Capital Group Inc.
             Investor Relations Contact:
             Steve Belgrad, 303-394-7706
             or
             Media Contacts:
             Jane Ingalls, 303-394-7311
             Shelley Peterson, 303-316-5625

    SOURCE: Janus Capital Group Inc.