Janus Reports Restricted Stock and Stock Option Awards to New Hire for Investment Management Team

Company Release - 5/4/2005 5:50 PM ET

DENVER--(BUSINESS WIRE)--May 4, 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 the company's new senior portfolio specialist Stephanie Miller Pierce. Pierce, who started with Janus May 2, works closely with the portfolio managers and analysts representing the firm's active equity strategies to clients and prospective clients.

The 7,089 shares of restricted stock, granted on May 2, have a three-year vesting schedule, with the first vesting event occurring March 31, 2006. The 20,556 stock options, also granted May 2, have an exercise price of $13.05 and a 10-year term. One-third of the stock options vest annually, with the first vesting event occurring March 31, 2006.

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) 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
             Media Contact:
             Shelley Peterson, 303-316-5625

    SOURCE: Janus Capital Group Inc.