Janus Launches Janus Protected Series Growth for Insurance Channel

Janus Capital Group Inc. (NYSE: JNS) today announced the
launch of Janus Aspen Protected Series Growth, which aims to
balance potential capital appreciation with a measure of downside
protection. The portfolios capital protection is provided by BNP
Paribas, one of the worlds largest banks. Janus Aspen Protected
Series Growth, which was launched on January 3, 2012, is managed by
Janus portfolio manager Jonathan Coleman. Coleman also serves as
Co-Chief Investment Officer, Equities, of Janus Capital Management.
With the market volatility weve experienced over the last 2 years,
our insurance partners are seeking risk-managed investment
solutions that help them lessen their capital requirements burden,
said Chris Furman, vice president and managing director, financial
institutions. We specifically designed this product with our
clients needs in mind. According to Furman, Janus Aspen Protected
Series Growth is the logical next step in the build-out of Janus
variable insurance trust series. Janus Aspen Moderate Allocation
Portfolio was launched August 31, 2011 as part of a longer-term
product development strategy to bring new solutions to market in an
effort to address Janus clients actuarial risk-management needs.
Janus Aspen Protected Series Growth aims to balance capital
appreciation and capital protection by actively allocating its
assets between and within domestic large cap equities, cash and
cash equivalents, U.S. Treasuries or other instruments that have
the potential to reduce risk such as short index futures, assisted
by BNP Paribas risk allocation methodology. The portfolio is
designed to provide investors with a protected NAV of no less than
80% of the highest NAV ever achieved by each individual share class
of the portfolio, reduced for dividends, distributions,
extraordinary items and extraordinary expenses. If the NAV per
share for any share class is less than the protected NAV, the
portfolio would liquidate. When Janus Aspen Protected Series
Growths NAV is above its protected NAV, the portfolios equity
exposure could be up to 100%. In the event that the portfolios NAV
approaches its protected NAV, the equity exposure could be as low
as 0%. The portfolio may also lag other similarly managed growth
portfolios that do not pay a capital protection fee. There is no
guarantee that the investment techniques used by the portfolio
manager and the risk allocation methodology employed by the capital
protection provider will produce the desired results. The
allocation process can result in the portfolio underperforming or
lagging its benchmark or similarly managed portfolios during rising
markets, particularly following a period of market decline. For
more information, please visit www.janus.com/variable-insurance.
About Janus Capital Group Inc. Janus Capital Group Inc. (JCG) is a
global investment firm offering strategies from three individual
investment boutiques: Janus Capital Management LLC (Janus), INTECH
Investment Management LLC (INTECH) and Perkins Investment
Management LLC (Perkins). Each manager employs a research-intensive
approach that is distinct within its respective asset class. This
multi-boutique approach enables the firm to provide style-specific
expertise across an array of strategies, including growth, value
and risk-managed equities, fixed income and alternatives through
one common distribution platform. At the end of September 2011, JCG
managed $141.0 billion in assets for shareholders, clients and
institutions around the globe. Based in Denver, JCG also has
offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo and
Melbourne. About BNP Paribas BNP Paribas (www.bnpparibas.com) is
among the strongest banks in the world*. The Group has a presence
in more than 80 countries and more than 200,000 employees,
including more than 160,000 in Europe. It ranks highly in its three
core activities: Retail Banking, Investment Solutions and Corporate
Investment Banking. In Europe, the Group has four domestic markets
(Belgium, France, Italy and Luxembourg) and BNP Paribas Personal
Finance is the leader in consumer lending. BNP Paribas is rolling
out its integrated retail banking model across the
Europe-Mediterranean zone and boasts a large network in the western
part of the United States. In its Corporate Investment Banking and
Investment Solutions activities, BNP Paribas also enjoys top
positions in Europe, a strong presence in the Americas and solid
and fast-growing businesses in Asia. *Rated AA- by Standard Poors
i.e. 4th rating level on a scale of 22. Rating is subject to
change. Please consider the charges, risks, expenses and investment
objectives carefully before investing. For a prospectus, or if
available a summary prospectus containing this and other
information, please call Janus at 1-877-335-2687 or download the
file from janus.com. Read it carefully before you invest or send
money. Janus Aspen Protected Series-Growth is not a capital
guaranteed or insured product. As with all investments, there are
inherent risks when investing in it including, but not limited to,
allocation risk, maximum settlement amount risk, turnover risk,
liquidation risk, opportunity cost risk, capital protection
termination risk, underperformance risk and counterparty risk, each
as disclosed in the Portfolios Prospectuses. The protection feature
is subject to various conditions and the financial payment
capabilities of BNP Paribas. See the Prospectus for further
details. Portfolio distributed by Janus Distributors LLC
(12/11)