Janus has decided to cap three of its funds. Closed to new investors are the Janus Overseas Fund, Janus Adviser International Growth Fund and Janus Aspen International Growth Portfolio. The move is effective immediately.

Janus� Co-Chief Investment Officers, Jonathan Coleman and Gibson Smith, announced today that the firm has closed Janus Overseas Fund, Janus Adviser International Growth Fund and Janus Aspen International Growth Portfolio to new investors effective immediately.

The fund closings only affect new investors. Existing Janus Overseas Fund shareholders, retirement plan sponsors and their participants may continue to purchase shares and reinvest any dividends or capital gains distributions. Janus Adviser International Growth Fund and Janus Aspen International Growth Portfolio will continue to accept investments from current qualified retirement plan and variable product sponsors.

�We believe that closing these portfolios is in the best interests of existing shareholders,� Smith said. �By better controlling the flows coming into the portfolios we give Brent Lynn the flexibility to invest in the types of international growth stocks that are consistent with his style.�

About Janus Capital Group Inc.

Founded in 1969, Denver-based Janus Capital Group Inc. (Janus)(NYSE:JNS - News) 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 2007, Janus managed approximately $208 billion in assets for more than four million shareholders, clients and institutions around the world. Outside the U.S., Janus has offices in London, 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 1-800-525-3713 or download the file from 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(s) 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.

Foreign securities have additional risks including exchange rate changes, political and economic upheaval, the relative lack of information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. These risks are magnified in emerging markets. The prices of foreign securities held by the fund, and therefore a fund's performance, may decline in response to such risks.

Funds distributed by Janus Distributors LLC (12/07).

Edited by: Erin Kello

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