Bally Total Fitness Announces Employment Inducement Awards to Gayle Franger and Robert Moschorak

CHICAGO, June 2 /PRNewswire-FirstCall/ -- As required by New York Stock Exchange rules, Bally Total Fitness today reported the grant of stock options to new employees Gayle Franger, Vice President, Brand Development and Robert Moschorak, Assistant Vice President, Franchising.

Franger and Moschorak each received 6,000 stock options. These inducement stock options vest in three equal annual installments on the anniversary of the grant date and are subject to forfeiture in the event of resignation or termination for cause prior to vesting.

In accordance with NYSE Rule 303A.08, these inducement stock option grants require a public announcement of the awards and written notice to the NYSE.

About Bally Total Fitness

Bally Total Fitness is the largest and only nationwide commercial operator of fitness centers, with nearly 390 facilities located in 29 states, Mexico, Canada, Korea, China and the Caribbean under the Bally Total Fitness(R), Bally Sports Clubs(R) and Sports Clubs of Canada(R) brands. Bally offers a unique platform for distribution of a wide range of products and services targeted to active, fitness-conscious adult consumers.