EXHIBIT 7(r)
Form of
LETTER AGREEMENT
December 31, 2002
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Associate Counsel
State Street Bank and Trust Company
Global Investor Services Group
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Dear ▇▇. ▇▇▇▇:
Please be advised that Janus Aspen Series (the "Trust") has changed the name of
Global Value Portfolio to International Value Portfolio (the "Portfolio").
Pursuant to Section 17 of the Custodian Contract dated September 13, 1993, as
amended, between the Trust and State Street Bank and Trust Company ("State
Street"), the Trust hereby requests confirmation that State Street will act as
custodian for the Portfolio under the terms of the contract.
Please indicate your acceptance of the foregoing by executing two copies of this
Letter Agreement, returning one copy to the Trust and retaining one copy for
your records.
JANUS ASPEN SERIES
By:
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Vice President
STATE STREET BANK AND TRUST COMPANY
By:
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Agreed to this _____ day of _____________, 2002.
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