X0202 4 2006-03-31 0001065865 JANUS CAPITAL GROUP INC JNS 0001188413 SCHEID STEVEN JANUS CAPITAL GROUP INC. 151 DETROIT STREET DENVER, CO 80206 1 0 0 0 Common Stock 2006-03-31 4 F 0 4261 23.04 D 130868 D Common Stock 2006-03-31 4 S 0 1371 22.96 D 129497 D Common Stock 822.4 D Option (Right to Buy) 14.59 2014-05-16 Common Stock 255215 255215 D Option (Right to Buy) and LSAR 16.76 2014-01-29 Common Stock 45524 45524 D Option (Right to Buy) 14.92 2015-03-03 Common Stock 233580 233580 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person to cover tax liabilities arising from vesting events. Includes 326.95 shares contributed by issuer to reporting person in March 2006 under the Employee Stock Ownership Plan ("ESOP"). The option award vests annually in five equal installments (within one share) beginning on March 31, 2005. Subject to compliance with Section 409A of the Internal Revenue Code, Limited Stock Appreciation Rights ("LSARs") are granted in tandem with stock options. LSARs are automatically exercised (in lieu of related options) upon a change-of-control of the issuer which has not been approved by certain members of the issuer'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. All LSARs unvested as of January 1, 2005 have been terminated. The option award vests annually in three equal installments (within one share) beginning on December 31, 2004. The option award vests annually in four equal installments beginning on February 1, 2006. Wanette N. Pauly, Attorney-in-Fact for Steven L. Scheid 2006-04-04