JANUS ADVISER SERIES
485BPOS, EX-99, 2000-12-19
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                                                                      Exhibit 15

                       JANUS ADVISER SERIES (THE "TRUST")
                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE PRESENTS,  the undersigned hereby makes,  constitutes
and  appoints  Thomas  A.  Early  and  Glenn  P.  O'Flaherty  and  each of them,
severally, his true and lawful attorneys and agents in his name, place and stead
on his behalf (a) to sign and cause to be filed  amendments to the  registration
statement of the Trust under the Securities Act of 1933, the Investment  Company
Act of 1940 and the laws and  regulations  of the various  states if applicable,
and all  consents  and  exhibits  thereto;  (b) to  withdraw  such  registration
statement or any  amendments or exhibits and make requests for  acceleration  in
connection therewith; (c) to take all other action of whatever kind or nature in
connection with such registration  statement,  and all amendments thereto, which
said attorneys may deem advisable;  and (d) to make,  file,  execute,  amend and
withdraw documents of every kind, and to take other action of whatever kind they
may elect,  for the purpose of complying  with all laws  relating to the sale of
securities of the Trust,  hereby  ratifying and confirming all actions of any of
said attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the  Trustees  with  respect to each filing or  withdrawal  of such
registration statement and all amendments,  consents, and exhibits thereto. Said
attorneys  may act  jointly or  severally,  and the action of one shall bind the
undersigned as fully as if two or more had acted together.

     IN WITNESS WHEREOF, the undersigned has hereby set his hand as of this 25th
day of September, 2000.

SIGNATURE                       TITLE                         DATE

/s/ Thomas H. Bailey            Chairman (Principal           September 25, 2000
-----------------------         Executive Officer),
Thomas H. Bailey                President and Trustee



<PAGE>


                       JANUS ADVISER SERIES (THE "TRUST")
                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE PRESENTS,  the undersigned hereby makes,  constitutes
and appoints Thomas H. Bailey,  Thomas A. Early and Glenn P. O'Flaherty and each
of them, severally,  his true and lawful attorneys and agents in his name, place
and  stead on his  behalf  (a) to sign and cause to be filed  amendments  to the
registration  statement  of the Trust  under  the  Securities  Act of 1933,  the
Investment  Company  Act of 1940  and the laws and  regulations  of the  various
states if  applicable,  and all consents and exhibits  thereto;  (b) to withdraw
such registration  statement or any amendments or exhibits and make requests for
acceleration in connection  therewith;  (c) to take all other action of whatever
kind  or  nature  in  connection  with  such  registration  statement,  and  all
amendments  thereto,  which said attorneys may deem advisable;  and (d) to make,
file,  execute,  amend and withdraw  documents of every kind,  and to take other
action of whatever  kind they may elect,  for the purpose of complying  with all
laws  relating to the sale of  securities  of the Trust,  hereby  ratifying  and
confirming  all actions of any of said attorneys  hereunder,  provided that this
Power of Attorney is ratified to be effective  by the  Trustees  with respect to
each filing or withdrawal  of such  registration  statement and all  amendments,
consents, and exhibits thereto. Said attorneys may act jointly or severally, and
the  action of one  shall  bind the  undersigned  as fully as if two or more had
acted together.

     IN WITNESS WHEREOF, the undersigned has hereby set his hand as of this 25th
day of September, 2000.

SIGNATURE                       TITLE                         DATE

/s/ Gary O. Loo                 Trustee                       September 25, 2000
------------------
Gary O. Loo


<PAGE>


                       JANUS ADVISER SERIES (THE "TRUST")
                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE PRESENTS,  the undersigned hereby makes,  constitutes
and appoints Thomas H. Bailey,  Thomas A. Early and Glenn P. O'Flaherty and each
of them, severally,  his true and lawful attorneys and agents in his name, place
and  stead on his  behalf  (a) to sign and cause to be filed  amendments  to the
registration  statement  of the Trust  under  the  Securities  Act of 1933,  the
Investment  Company  Act of 1940  and the laws and  regulations  of the  various
states if  applicable,  and all consents and exhibits  thereto;  (b) to withdraw
such registration  statement or any amendments or exhibits and make requests for
acceleration in connection  therewith;  (c) to take all other action of whatever
kind  or  nature  in  connection  with  such  registration  statement,  and  all
amendments  thereto,  which said attorneys may deem advisable;  and (d) to make,
file,  execute,  amend and withdraw  documents of every kind,  and to take other
action of whatever  kind they may elect,  for the purpose of complying  with all
laws  relating to the sale of  securities  of the Trust,  hereby  ratifying  and
confirming  all actions of any of said attorneys  hereunder,  provided that this
Power of Attorney is ratified to be effective  by the  Trustees  with respect to
each filing or withdrawal  of such  registration  statement and all  amendments,
consents, and exhibits thereto. Said attorneys may act jointly or severally, and
the  action of one  shall  bind the  undersigned  as fully as if two or more had
acted together.

     IN WITNESS WHEREOF, the undersigned has hereby set his hand as of this 25th
day of September, 2000.

SIGNATURE                       TITLE                         DATE

/s/Dennis B. Mullen             Trustee                       September 25, 2000
----------------------
Dennis B. Mullen



<PAGE>


                       JANUS ADVISER SERIES (THE "TRUST")
                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE PRESENTS,  the undersigned hereby makes,  constitutes
and appoints Thomas H. Bailey,  Thomas A. Early and Glenn P. O'Flaherty and each
of them, severally,  his true and lawful attorneys and agents in his name, place
and  stead on his  behalf  (a) to sign and cause to be filed  amendments  to the
registration  statement  of the Trust  under  the  Securities  Act of 1933,  the
Investment  Company  Act of 1940  and the laws and  regulations  of the  various
states if  applicable,  and all consents and exhibits  thereto;  (b) to withdraw
such registration  statement or any amendments or exhibits and make requests for
acceleration in connection  therewith;  (c) to take all other action of whatever
kind  or  nature  in  connection  with  such  registration  statement,  and  all
amendments  thereto,  which said attorneys may deem advisable;  and (d) to make,
file,  execute,  amend and withdraw  documents of every kind,  and to take other
action of whatever  kind they may elect,  for the purpose of complying  with all
laws  relating to the sale of  securities  of the Trust,  hereby  ratifying  and
confirming  all actions of any of said attorneys  hereunder,  provided that this
Power of Attorney is ratified to be effective  by the  Trustees  with respect to
each filing or withdrawal  of such  registration  statement and all  amendments,
consents, and exhibits thereto. Said attorneys may act jointly or severally, and
the  action of one  shall  bind the  undersigned  as fully as if two or more had
acted together.

     IN WITNESS WHEREOF, the undersigned has hereby set his hand as of this 25th
day of September, 2000.

SIGNATURE                       TITLE                         DATE

/s/James T. Rothe               Trustee                       September 25, 2000
------------------
James T. Rothe



<PAGE>


                       JANUS ADVISER SERIES (THE "TRUST")
                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE PRESENTS,  the undersigned hereby makes,  constitutes
and appoints Thomas H. Bailey,  Thomas A. Early and Glenn P. O'Flaherty and each
of them, severally,  his true and lawful attorneys and agents in his name, place
and  stead on his  behalf  (a) to sign and cause to be filed  amendments  to the
registration  statement  of the Trust  under  the  Securities  Act of 1933,  the
Investment  Company  Act of 1940  and the laws and  regulations  of the  various
states if  applicable,  and all consents and exhibits  thereto;  (b) to withdraw
such registration  statement or any amendments or exhibits and make requests for
acceleration in connection  therewith;  (c) to take all other action of whatever
kind  or  nature  in  connection  with  such  registration  statement,  and  all
amendments  thereto,  which said attorneys may deem advisable;  and (d) to make,
file,  execute,  amend and withdraw  documents of every kind,  and to take other
action of whatever  kind they may elect,  for the purpose of complying  with all
laws  relating to the sale of  securities  of the Trust,  hereby  ratifying  and
confirming  all actions of any of said attorneys  hereunder,  provided that this
Power of Attorney is ratified to be effective  by the  Trustees  with respect to
each filing or withdrawal  of such  registration  statement and all  amendments,
consents, and exhibits thereto. Said attorneys may act jointly or severally, and
the  action of one  shall  bind the  undersigned  as fully as if two or more had
acted together.

     IN WITNESS WHEREOF, the undersigned has hereby set his hand as of this 25th
day of September, 2000.

SIGNATURE                       TITLE                         DATE

/s/William D. Stewart           Trustee                       September 25, 2000
-----------------------
William D. Stewart


<PAGE>


                       JANUS ADVISER SERIES (THE "TRUST")
                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE PRESENTS,  the undersigned hereby makes,  constitutes
and appoints Thomas H. Bailey,  Thomas A. Early and Glenn P. O'Flaherty and each
of them, severally,  his true and lawful attorneys and agents in his name, place
and  stead on his  behalf  (a) to sign and cause to be filed  amendments  to the
registration  statement  of the Trust  under  the  Securities  Act of 1933,  the
Investment  Company  Act of 1940  and the laws and  regulations  of the  various
states if  applicable,  and all consents and exhibits  thereto;  (b) to withdraw
such registration  statement or any amendments or exhibits and make requests for
acceleration in connection  therewith;  (c) to take all other action of whatever
kind  or  nature  in  connection  with  such  registration  statement,  and  all
amendments  thereto,  which said attorneys may deem advisable;  and (d) to make,
file,  execute,  amend and withdraw  documents of every kind,  and to take other
action of whatever  kind they may elect,  for the purpose of complying  with all
laws  relating to the sale of  securities  of the Trust,  hereby  ratifying  and
confirming  all actions of any of said attorneys  hereunder,  provided that this
Power of Attorney is ratified to be effective  by the  Trustees  with respect to
each filing or withdrawal  of such  registration  statement and all  amendments,
consents, and exhibits thereto. Said attorneys may act jointly or severally, and
the  action of one  shall  bind the  undersigned  as fully as if two or more had
acted together.

     IN WITNESS WHEREOF, the undersigned has hereby set his hand as of this 25th
day of September, 2000.

SIGNATURE                       TITLE                         DATE

/s/Martin H. Waldinger          Trustee                       September 25, 2000
----------------------
Martin H. Waldinger






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