X0101 42003-05-081 0001065865 JANUS CAPITAL GROUP INC JNS0001183259 BARNES JAMES E 0001Former DirectorCommon Stock, Par Value $0.012001-05-234G0870000A87000IHeld by TrustCommon Stock, Par Value $0.012001-05-234G0870000A87000IHeld by TrustOption (Right to Buy) and LSAR12.272003-05-084A01937812.27A2003-05-092013-05-07Common Stock1937819378DTransaction previously reported.87,000 shares are held by the James E. Barnes Revocable Trust, U/A dated March 29, 1998.87,000 shares are held by the Mary M. Barnes (wife) Revocable Trust, U/A dated March 29, 1998.Limited Stock Appreciation Rights ("LSARs") are granted in tandem with stock options. LSARs are automatically exercised (in lieu of related options) upon change-of-control of the Company which has not been approved by certain members of the Company's board of directors and result in the receipt of only cash by the option holder. LSARs terminate when the related options are exercised or terminated.Barbara E. Chesebro, Attorney-in-Fact for James E. Barnes2003-05-12