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New Life Time Fitness Center in Chanhassen, Minnesota, Set to Open One Month Early

Posted on: Friday, 27 May 2005, 12:00 CDT

State-of-the-Art Sports and Athletics, Professional Fitness, Family Recreation and Resort / Spa Center Grand Opening Set for July 8; Moves Up from Original August Opening Date

Life Time Fitness, Inc. (NYSE:LTM), a national operator of large and distinctive health and fitness centers, today announced that its newest health and fitness center, located in the Chanhassen, Minnesota, will open one month earlier than originally scheduled. The state-of-the-art sports and athletics, professional fitness, family recreation and resort/spa center will host a Grand Opening celebration on Friday, July 8, 2005, beginning at 6:45 p.m.

Honoring the event, Chanhassen and Life Time Fitness officials will participate in a special ribbon-cutting ceremony. Facility tours, demonstrations and activities for all ages will follow from 7:00 to 9:00 p.m., showcasing all of the unique amenities that the new health and fitness resort has to offer. Former University of Minnesota standout and current Utah Jazz forward Kris Humphries, along with several other professional basketball players, also are scheduled to scrimmage and sign autographs at the Grand Opening.

Life Time Fitness Chanhassen marks the company's 15th health and fitness center in Minnesota and its 42nd nationally. The new location also represents one of the company's large, current model centers - a 109,000+ square foot facility offering 24-hour access to more than 400 pieces of state-of-the-art cardio, resistance and free-weight training equipment, multiple group exercise studios with free classes, a team of certified personal trainers and programming, a wide selection of adult and youth programs and activities, rock climbing walls, two full-size basketball courts, squash, and racquetball courts, yoga studio, dry sauna and free towels and lockers. The center also sports a large indoor/outdoor aquatics center, featuring multiple, two-story waterslides, two large, zero-depth recreation pools, a lap pool and children's interactive play area, two whirlpools and an outdoor bistro.

Families will appreciate Life Time Fitness' large child center, featuring free childcare, a play maze, computer center, separate infant playroom, basketball court and numerous other children's activities. Dedicated family locker rooms also are available.

Furthermore, members can take advantage of LifeSpa, which delivers a full range of hair, nail and skin care services, and therapeutic massage, and LifeCafe, which offers the best in nutritional food and beverage services.

"Each of our centers are developed with the member experience in mind and our new Chanhassen center is no exception," said Mike Brown, senior vice president, Operations, Life Time Fitness. "Our facilities, programs, services and products all are uniquely designed to meet the health and fitness needs of the entire family, while delivering a 'WOW' experience to them during each and every visit. Far more than a health club, Life Time Fitness is the essential destination for those families seeking a health and active way of life."

Life Time Fitness Chanhassen will officially open for workouts at 5:00 a.m. on Saturday, July 9. The new center is located at 2901 Corporate Place, Chanhassen, Minnesota, 55317. The other 14 Minnesota Life Time Fitness centers are located in Apple Valley, Bloomington, Brooklyn Park, Champlin, Coon Rapids, Eagan, Highland Park, Minneapolis, New Hope, Plymouth, Roseville, Savage, St. Paul and Woodbury.

About Life Time Fitness, Inc.

Life Time Fitness, Inc. (NYSE:LTM) operates distinctive and large sports and athletic, professional fitness, family recreation and resort/spa centers. As of May 27, 2005, the Company operated 40 centers in eight states, including Arizona, Illinois, Indiana, Michigan, Minnesota, Ohio, Texas and Virginia. The Company also provides consumers with nutritional products and supplements, the award-winning healthy lifestyle magazine, Experience Life, world-class athletic events, full-service spas, cafes, personal training consultation, health and nutrition education, and corporate wellness programs. Life Time Fitness is headquartered in Eden Prairie, Minnesota (www.lifetimefitness.com). LIFE TIME FITNESS, LIFE TIME FITNESS logo and EXPERIENCE LIFE are registered trademarks of Life Time Fitness, Inc. All other trademarks or registered trademarks are the property of their respective owners.

Risk & Uncertainties

Certain information contained in this press release may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause the Company's actual results in the future to differ materially from its historical results and those presently anticipated or projected. The Company wishes to caution investors not to place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to update such statement to reflect events or circumstances arising after such date. Among these factors are identifying and acquiring suitable sites for new sports, fitness and family recreation centers, opening new sports, fitness and family recreation centers, attracting and retaining members and other factors set forth in the Company's filings with the Securities and Exchange Commission.

Source: Business Wire

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