DST Systems, Inc. Announces Information About Discussions with Janus Capital Group, Inc.August 5, 2003 KANSAS CITY, MO (August 5, 2003) - DST Systems, Inc. (“DST” or the “Company”) (NYSE: DST) today announced further information about its discussions with Janus Capital Group Inc. (“Janus”), regarding a proposed share exchange transaction. Under this proposed transaction, Janus would transfer to DST approximately 31.5 million shares of DST common stock held by Janus, and DST would transfer to Janus shares of common stock of one of DST’s subsidiaries holding certain business and additional assets. The additional assets would include a combination of cash and subordinated notes of DST with an aggregate value of approximately $830 million to approximately $990 million. The amount of cash would not exceed $895 million and the amount of the subordinated notes, if any, would not exceed $150 million. The aggregate value of the exchange is expected to range from approximately $950 million to $1.1 billion. DST and Janus have not entered into a definitive agreement at this time, and there can be no assurance that DST and Janus will enter into a definitive agreement regarding this transaction. * * * * The information and comments above may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST’s views as of today, and actual results could differ. There could be a number of factors affecting future results, including those set forth in Form 8-K/A dated March 17, 2003 filed by DST with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking comment. The Company will not update any forward-looking statements in this press release to reflect future events.
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