26 April 2017

Merger of Henderson Group plc and Janus Capital Group Inc.

Results of the Extraordinary General Meeting held on 26 April 2017, redenomination of issued share capital and notice of De-listing from the LSE

Henderson Group plc ("Henderson") reports that at the Extraordinary General Meeting held earlier today in connection with the recommended merger of Henderson and Janus Capital Group Inc. ("Janus") (the "Merger"), all the resolutions contained in the Notice of Extraordinary General Meeting (dated 21 March 2017 and lodged with the ASX and National Storage Mechanism: www.hemscott.com/nsm.do) were each passed by the requisite majority of Henderson Shareholders on 26 April 2017.

Richard Gillingwater, Chairman of Henderson, said: "I would like to thank our shareholders for supporting our merger with Janus, and look forward to working with the new Janus Henderson team to deliver the growth potential that the combination creates. With approvals from the shareholders of both companies now received, we remain on track for completion by May 30."

Andrew Formica, Chief Executive of Henderson, said: "With the creation of Janus Henderson Investors, we see tremendous benefits for our clients, our colleagues and our shareholders. As a global active investment manager, we have the breadth of capabilities and distribution reach to serve our clients better together, with the efficiency and scale to invest for future growth. I look forward to working with Dick Weil and our new colleagues when we complete the merger in a month's time."

Results of EGM

No resolutions were amended or withdrawn. All resolutions were decided on a poll. Each Henderson Shareholder, present in person or by proxy, was entitled to one vote for each Existing Henderson Share or Existing Henderson CDI (as applicable) held at the relevant voting record time. The results of the poll on each resolution are set out in the appendix to this announcement.

The full text of each resolution is set out in the Notice of EGM contained in the circular published on 21 March 2017 (the "Circular"). Capitalised terms used in this announcement have the same meaning as in the Circular.

Redenomination of issued share capital

Following today's meeting; the nominal value of each share in Henderson's issued share capital has been converted from £0.125 to US$0.1547, as described in Resolution 1 set out in the Notice of EGM. The Interim Henderson Memorandum, reflecting that change, has also been adopted. Henderson's unissued share capital has been cancelled.

The reduction of the nominal value of each share from US$0.1547 to US$0.15, as described in Resolution 3 set out in the Notice of EGM, will become effective on or around 2 May 2017.

Timetable (including De-listing from the LSE in compliance with the requirements of LR 5.2.5R)

As Janus has announced, all the resolutions proposed at the Janus Stockholder Meeting held yesterday were also passed by the requisite majority of Janus Stockholders.

Following today's approval of the Merger and the related resolutions by Henderson Shareholders, the timetable in respect of Completion of the Merger and the London De-listing is as follows:

·      the final day of dealings in Existing Henderson Shares on the LSE will be 26 May 2017; and

·      the Completion Date will be 30 May 2017, on which:

o  the change of name to Janus Henderson Group plc will become effective;

o  the Share Consolidation will become effective;

o  the New Janus Henderson Shares will be issued to Janus Stockholders;

o  trading in New Janus Henderson Shares on the NYSE will commence; and

o  the London De-listing will become effective.

The timetable of principal events for the implementation of the Merger remains as set out on pages 8 and 9 of the Circular.

*           *           *

In connection with the proposed merger, Henderson has filed a registration statement on Form F-4 with the SEC, containing a proxy statement of Janus Capital Group and other documents regarding the proposed merger. Before making any voting or investment decision, the respective investors and shareholders of Henderson and Janus Capital Group are urged to carefully read the entire registration statement of Henderson, including the proxy statement of Janus Capital Group, and any other relevant documents filed by either company with the SEC, as well as any amendments or supplements to those documents, because they contain important information about Henderson, Janus Capital Group and the proposed merger. The registration statement and other related documents filed by Henderson and Janus Capital Group will be available electronically without charge at the SEC's website, www.sec.gov. Materials filed with the SEC may also be obtained without charge at Henderson's website, www.henderson.com or at Janus Capital Group's website www.janus.com, respectively.

Appendix

Results of Extraordinary General Meeting

Resolution 1: To authorise the redenomination of the issued share capital and cancellation of the unissued shares.

Resolution 2: To adopt the interim Memorandum of Association.

Resolution 3: To authorise the reduction of the nominal value of the Redenominated Ordinary Shares.

Resolution 4: To authorise the consolidation of the issued share capital.

Resolution 5: To authorise the increase of share capital.

Resolution 6: To approve the change of the name of the Company to Janus Henderson Group plc.

Resolution 7: To adopt the new Memorandum of Association and Articles of Association.

Resolution 8: To approve the merger with Janus Capital Group Inc. as described in the Circular.

Resolution 9: To authorise the Company to allot relevant securities in connection with the Dai‑ichi Option Agreement.

Resolution 10: To dis-apply pre-emption rights to a limited extent in connection with the
Dai-ichi Option Agreement.

Resolution 11: To approve the grant of options to Dai-ichi pursuant to the Dai-ichi Option Agreement for the purposes of ASX Listing Rule 7.1.

Resolution 12: To authorise the de-listing of the Company's shares from the London Stock Exchange.

* A 'vote withheld' is not a vote in law. These were not counted in the calculation of the proportion of the votes for and against each of the resolutions.

** Issued share capital as of 26 April 2017 - 1,131,842,110 ordinary shares