JANUS ASPEN SERIES
Institutional Shares
Money Market Portfolio
Supplement Dated September 25, 2000, to
Statement of Additional Information Dated May 1, 2000, as
Supplemented July 28, 2000
THIS INFORMATION SUPPLEMENTS THE STATEMENT OF ADDITIONAL INFORMATION FOR
THE INSTITUTIONAL SHARES OF JANUS ASPEN SERIES MONEY MARKET PORTFOLIO DATED MAY
1, 2000. THIS SUPPLEMENT, ANY PREVIOUS SUPPLEMENT(S) AND THE STATEMENT OF
ADDITIONAL INFORMATION TOGETHER CONSTITUTE A CURRENT STATEMENT OF ADDITIONAL
INFORMATION. TO REQUEST A CURRENT COPY OF THE STATEMENT OF ADDITIONAL
INFORMATION, PLEASE CONTACT YOUR INSURANCE COMPANY OR PLAN SPONSOR.
I. The following replaces the first and second full paragraphs on page 14
of the Statement of Additional Information:
Stilwell Financial Inc. ("Stilwell") owns approximately 81.5% of the
outstanding voting stock of Janus Capital. Stilwell is a publicly
traded holding company with principal operations in financial asset
management businesses. Thomas H. Bailey, President, Chief Executive
Officer and Chairman of the Board of Janus Capital, owns approximately
12% of Janus Capital's voting stock and, by agreement with Stilwell,
selects a majority of Janus Capital's Board, subject to the approval
of Stilwell, which Stilwell cannot unreasonably withhold.
II. With respect to the fourth paragraph on page 15 of the Statement of
Additional Information, DST Systems, Inc. is now a subsidiary of
Stilwell and not of KCSI.
III. Effective September 25, 2000, James P. Craig is no longer a Trustee or
a Vice President of the Portfolio.
IV. Effective September 25, 2000, Steven R. Goodbarn is no longer Vice
President and Chief Financial Officer of the Portfolio.
INSJSISIAMMI
