Janus Reports Restricted Stock and Stock Option Awards to New Members of Investment Management Team

Company Release - 4/1/2005 5:49 PM ET

DENVER--(BUSINESS WIRE)--April 1, 2005--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 two recently hired members of the company's investment management team: Daniel Scherman and Patrick Brophy.

Scherman is a director of risk management and performance. Brophy is a portfolio manager and research analyst specializing in REIT products. These new employees were granted the following awards on March 29, 2005:

    --  Scherman: 62,631 stock options with a three-year vesting
        schedule beginning January 1, 2006; and

    --  Brophy: 2,774 shares of restricted stock and 7,829 stock
        options, each with a two-year vesting schedule beginning
        January 1, 2006.

These stock option awards have an exercise price of $13.52 and a 10-year term. 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) and Capital Group Partners, Inc. Janus Capital Group owns 30% of Perkins, Wolf, McDonnell and Company, LLC.

    CONTACT: Janus Capital Group Inc.
             Investor Relations:
             Steve Belgrad, 303-394-7706
             Shelley Peterson, 303-316-5625

    SOURCE: Janus Capital Group Inc.