EXHIBIT 99.1 Media Contact: Kekst & Co. STILWELL Michael Herley (212-521-4897) FINANCIAL INC. 920 Main Street, 21st Floor Kansas City, Missouri 64105 Investors Contact: NYSE Symbol: SV Landon H. Rowland (816-218-2416) Chairman, President and CEO Daniel P. Connealy (816-218-2412) Release No. 2001-22 September 4, 2001 Vice President and Chief Financial Officer {News Release} STILWELL FINANCIAL INC. REPORTS ASSETS UNDER MANAGEMENT INFORMATION Kansas City, Missouri Stilwell Financial Inc. ("Stilwell" or the "Company"; NYSE: SV) announced that preliminary assets under management as of the close of market on August 31, 2001 totaled approximately $195 billion. Preliminary average assets under management for the two months ended August 31, 2001 totaled approximately $207 billion. For the eight months ended August 31, 2001, preliminary average assets under management were approximately $228 billion. -------------------------------------------------------------------------------- Stilwell is a diversified, global financial services company with operations through its subsidiaries and affiliates in North America, Europe and Asia. The primary entities comprising Stilwell are Janus Capital Corporation, an approximately 90.3% owned subsidiary; Berger LLC, of which Stilwell owns 100% of the preferred limited liability company interests and approximately 87% of the regular limited liability company interests; Nelson Money Managers Plc, an 80% owned subsidiary; and DST Systems, Inc., an equity investment in which Stilwell holds an approximate 33% interest. * * * * * * * * * * This press release includes statements concerning potential future events involving the Company, which could materially differ from the events that actually occur. The differences could be caused by a number of factors including those factors identified in Stilwell's Registration Statement on Form 10 dated June 15, 2000 and Stilwell's Annual Report on Form 10-K for the year ended December 31, 2000, both on file with the Securities and Exchange Commission (Commission file no. 001-15253). The Company will not update any forward-looking statements in this press release to reflect future events or developments. ............. The End