Janus Capital Group Announces Senior Notes Offering

Company Release - 9/13/2006 8:26 AM ET

DENVER--(BUSINESS WIRE)--Sept. 13, 2006--

Janus Capital Group Inc. (NYSE: JNS) announced today that it has commenced an offering of $275 million of five-year senior unsecured notes. Janus will use the proceeds of the offering to repay or discharge the $113 million aggregate principal amount outstanding of its 7.000% senior notes due November 1, 2006. In addition, Janus may utilize up to $158 million of the remaining net proceeds to redeem or repurchase all or a portion of the aggregate principal amount outstanding of its 7.875% Public Income Notes due April 15, 2032, callable on or after April 5, 2007. The balance of the net proceeds, if any, will be used for general corporate purposes.

Citigroup and Banc of America Securities LLC are acting as Global Coordinators and Joint Bookrunners. Merrill Lynch and HSBC are acting as Co-managers.

A copy of the prospectus supplement and prospectus relating to the offering may be obtained from Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, Attention: Prospectus Department; telephone: 800-831-9146 or Banc of America Securities LLC at 100 West 33rd Street, 3rd Floor, New York, NY 10001, Attention: Capital Markets (Prospectus Fulfillment); telephone: 646-733-4166. The shelf registration statement relating to the foregoing has been previously filed and declared effective by the Securities and Exchange Commission. These securities may not be sold nor may offers to buy be accepted prior to the time that the prospectus supplement and related prospectus are delivered in final form.

This press release is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security.

About Janus Capital Group Inc.

Founded in 1969, Denver-based Janus Capital Group Inc. (Janus) is a recognized leader of growth and risk-managed investment strategies. Our commitment to deliver for investors is rooted in our research-intensive approach and relentless passion to gain a competitive edge.

At the end of June 2006, Janus managed approximately $153.4 billion in assets for more than four million shareholders, clients and institutions around the world. Outside the U.S., Janus has offices in London, Milan, Tokyo and Hong Kong. Janus Capital Group consists of Janus Capital Management LLC, Enhanced Investment Technologies, LLC (INTECH), and Capital Group Partners, Inc. (doing business as Rapid Solutions Group). In addition, Janus Capital Group owns 30% of Perkins, Wolf, McDonnell and Company, LLC.

Source: Janus Capital Group Inc.

Contact: Janus Capital Group Inc. Shelley Peterson, 303-316-5625 or Scott Grace, 303-394-7709