Janus Launches New International Equity Fund

Company Release - 11/28/2006 4:14 PM ET


Janus Capital Group Inc. (NYSE: JNS) today introduced Janus Adviser International Equity Fund, a portfolio that seeks long-term growth of capital by investing in non-U.S. companies.

The fund, which is based upon an existing institutional strategy, aims to leverage Janus' proprietary research process to identify and capitalize on firms with strong growth prospects or a sustainable competitive advantage in the international market. The fund normally limits investments in emerging markets to 15% of its holdings and normally maintains both sector and country exposures within a 10% range of those in the Morgan Stanley Capital International Europe, Australasia, and Far East (MSCI EAFE) Index.

According to Jonathan Coleman, co-chief investment officer of Janus, the new fund leverages the research efforts of the company's international equity team.

"This fund is a great fit in our international product lineup," said Coleman. "We think this is an attractive investment option for intermediary and institutional clients seeking a broadly diversified international portfolio."

Janus Adviser International Equity Fund will be managed by co-portfolio managers Julian Pick, Doug Kirkpatrick and Laurent Saltiel. All three portfolio managers are members of the international equity team and have managed similar investment strategies in Janus' institutional portfolios.

Pick has been with Janus for more than nine years and also serves on Janus' financial sector team. He has a bachelor's degree in economics from George Mason University and is a CFA charterholder.

Kirkpatrick joined Janus in 2001 as an equity analyst specializing in industrial and consumer staple stocks. Prior to joining Janus, he was an analyst with Artisan Partners LP. Kirkpatrick has a master's of business administration degree from the University of California at Berkeley and is a CFA charterholder.

Saltiel joined Janus in 2002 as an equity analyst covering basic material, consumer staple and retail securities. Prior to joining Janus, he was an analyst with RS Investments in San Francisco. Saltiel has a master's of business administration degree form Harvard University and is fluent in French, English and Spanish.

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 September 2006, Janus managed approximately $158.3 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.

Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus containing this and other information, please call Janus at 1-877-335-2687 or download the file from www.janus.com. Read it carefully before you invest or send money.

A fund's performance may be affected by risks that include those associated with nondiversification, non-investment grade debt securities, undervalued or overlooked companies, investments in specific industries or countries and potential conflicts of interest with Janus Smart Portfolios. Additional risks to the fund may include those associated with investing in foreign securities, emerging markets, initial public offerings, derivatives and companies with relatively small market capitalizations. Please see a Janus prospectus or janus.com for more information about risk, fund holdings and details.

This Fund may have significant exposure to emerging markets. In general, emerging market investments have historically been subject to significant gains and/or losses. As such, the Fund's returns and Net Asset Value may be subject to such volatility.

The Morgan Stanley Capital International EAFE Index is a market capitalization weighted index composed of companies representative of the market structure of Developed Market countries in Europe, Australasia and the Far East.

    Funds distributed by Janus Distributors LLC (11/06).

    C-1106-287 108-15-137 11-06

    Source: Janus Capital Group Inc.