New Life Time Fitness Triathlon Series to Link Premier New York, Los Angeles, Chicago and Minneapolis Triathlon Events; Groundbreaking Series to Offer Cash and Prize Purse of More Than $1,000,000

In groundbreaking fashion, the Life Time Fitness Triathlon Seriesthe will be first-ever series to connect the four most prominentOlympic distance triathlon events in the United States and will offera total prize purse of more than $1,000,000. To be held annually, theSeries will commence in New York and end in Minneapolis, as follows:

-- Nautica New York City Triathlon - July 16, 2006

-- Accenture Chicago Triathlon - August 27, 2006

-- Kaiser Permanente Los Angeles Triathlon - September 10, 2006

-- Series Championship: Life Time Fitness Triathlon - Minneapolis - July 2007

"The Life Time Fitness Triathlon Series brings new innovation tothe sport of triathlon," said Bahram Akradi, Life Time Fitness,chairman and chief executive officer. "In connecting the nation's fourpremier triathlon events, we will further elevate the drama,excitement and prize money within this premier, healthy-way-of-lifesport. Beginning with the first Life Time Fitness Triathlon in 2002,we committed to deliver one of the best endurance sporting events inthe world. In keeping with this commitment, we are proud to partnerwith these world-class events and look forward to all of the benefitsthat this new series will bring."

"The Life Time Fitness Triathlon Series is the first to link thefour major Olympic distance Triathlon events," said Jack Caress, racedirector for the Kaiser Permanente Los Angeles Triathlon. "It alsowill drive media and consumer awareness, and athlete participation ina manner never before achieved in the history of the sport."

John Korff, race director of the Nautica New York City Triathlonadded, "The Nautica Triathlon is proud to be part of the Life TimeFitness Triathlon Series. Through this groundbreaking effort, we willdrive increased recognition of the world's elite four Olympic distanceevents and, by extension, the sport overall."

"We are extremely excited to partner with the benchmark triathlonevents in Los Angeles, Minneapolis and New York," said Jan Caille,producer of the Accenture Chicago Triathlon - currently the largesttriathlon in the world by participation. "The Series features theOlympic distance established by the 2000 and 2004 Summer Games, andcomes at a time when the World is experiencing exploding growth in thesport's participation."

Professional Division / Prize Purse

Professional triathlete participation in the Life Time FitnessSeries events is by invitation only. Event prize purse details are asfollows:

Event Date Total Prize Purse
----------------------------------------------------------------------
New York July 16, 2006 $40,000
Chicago August 27, 2006 $67,000
Los Angeles September 10, 2006 $52,000
Life Time Fitness July 2007 $500,000
Series Championship Bonus(a) $400,000
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Total Life Time Fitness Series
Purse $1,059,000

(a) A professional male and/or female triathlete (or both) who wins
each of the four Life Time Fitness Triathlon Series events in a given
Series year will win the Series bonus of $200,000.

Elite Amateur Qualifiers

The New York, Los Angeles, and Chicago events also will serve aselite amateur qualifying events for the Life Time Fitness SeriesChampionship in Minneapolis. The top five male and female eliteamateur finishers from the first three Series events (30 total) willqualify for a race entry to the Series Championship, along withcomplementary airfare and lodging.

Life Time Fitness Triathlon Series Championship

Held in Minneapolis, the internationally renowned Life TimeFitness Triathlon raised the bar in the sport of triathlon in 2003with its history making $500,000 cash and prize purse and national NBCbroadcast television coverage. Adding even more drama, the event'sprofessional division features a unique timing format that allows aworld-class field of professional women and men to compete on equalground. Based upon past Life Time Fitness Triathlon course resultsalong with the results of several Olympic distance events worldwide,this timing structure allow professional women to start ahead of theprofessional men by a predetermined amount of time, resulting in a newand innovative competition structure and an exciting race to thefinish.

About the Life Time Fitness Triathlon Series Events

The four Series triathlon events will continue to be owned andoperated independently. The Accenture Chicago Triathlon(chicagotriathlon.com) is produced by Creative & Production Resources,Inc (CAPRI Events). The Kaiser Permanente Los Angeles Triathlon(LATriathlon.com) is produced by Pacific Sports LLC. The Nautica NewYork City Triathlon (nyctri.com) is produced by Korff Enterprises. TheLife Time Fitness Triathlon (ltftri.com) is produced by Life TimeFitness, Inc. For more information, visit the respective event Websites.

About Life Time Fitness, Inc.

Life Time Fitness, Inc. (NYSE:LTM) operates distinctive and largesports and athletic, professional fitness, family recreation andresort/spa centers. As of May 31, 2006, the Company operated 49centers in nine states, including Arizona, Illinois, Indiana,Maryland, Michigan, Minnesota, Ohio, Texas and Virginia. The Companyalso provides consumers with personal training consultation,full-service spas and cafes, corporate wellness programs, health andnutrition education, the healthy lifestyle magazine - Experience Life,athletic events, and nutritional products and supplements. Life TimeFitness is headquartered in Eden Prairie, Minnesota(www.lifetimefitness.com). LIFE TIME FITNESS, the LIFE TIME FITNESSlogo, and EXPERIENCE LIFE are registered trademarks of Life TimeFitness, Inc. All other trademarks or registered trademarks are theproperty of their respective owners.