X0202 4 2005-03-04 0001065865 JANUS CAPITAL GROUP INC JNS 0001188413 SCHEID STEVEN JANUS CAPITAL GROUP INC. 151 DETROIT STREET DENVER, CO 80206 1 1 0 0 CEO, Chairman of Board Common Stock 2005-03-04 4 A 0 82661 0 A 159662 D Common Stock 495.45 I Held by ESOP Option (Right to Buy) 14.92 2005-03-04 4 A 0 233580 0 A 2015-03-03 Common Stock 233580 233580 D Option (Right to Buy) and LSAR 14.59 2014-05-16 Common Stock 319019 319019 D Option (Right to Buy) and LSAR 16.76 2014-01-29 Common Stock 45524 45524 D Includes 495.45 shares contributed by issuer to reporting person in February 2005 under the Employee Stock Ownership Plan ("ESOP"). 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. The option award vests annually in four equal installments beginning on February 1, 2006. The option award vests annually in five installments beginning on March 31, 2005; the first four vesting events will be 63,804 options per vesting event, and the last vesting event will be 63,803 options. The option award vests annually in three installments beginning on December 31, 2004; the first two vesting events will be 15,175 options per vesting event, and the last vesting event will be 15,174 options. Jill M. Jepson, Attorney-in-Fact for Steven L. Scheid 2005-03-08