JANUS ASPEN SERIES
Service Shares
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 SERVICE SHARES OF JANUS ASPEN SERIES 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 24
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 third paragraph on page 25 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 Portfolios.
IV. Effective September 25, 2000, Steven R. Goodbarn is no longer Vice
President and Chief Financial Officer of the Portfolios.
INSJSSSIASCS
