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Janus Money Market Fund
Janus Tax-Exempt Money Market Fund
Service Shares
Supplement Dated July 1, 2000
to the Statement of Additional Information Dated January 31, 2000
THIS INFORMATION SUPPLEMENTS THE FUNDS' STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 31, 2000. THIS SUPPLEMENT AND THE STATEMENT OF ADDITIONAL
INFORMATION CONSTITUTE A CURRENT STATEMENT OF ADDITIONAL INFORMATION. TO REQUEST
ANOTHER COPY OF THE STATEMENT OF ADDITIONAL INFORMATION, PLEASE CALL
1-800-29JANUS.
THE FOLLOWING INFORMATION REPLACES THE FOURTH SENTENCE IN THE SECOND PARAGRAPH
IN THE SECTION "INVESTMENT ADVISER AND ADMINISTRATOR":
Janus Capital has agreed to waive a portion of the administration fee, and
accordingly the effective rate for calculating the administration fee payable by
the Shares will be 0.33%.
S-4275