IPO Profile

Life Time Fitness
6442 City West Parkway, Eden Prairie, Minnesota 55344
Tel: 952-947-0000
Web: www.lifetimefitness.com
Ticker: LTM
Stock Exchange: New York Stock Exchange
Shares Issued: 9,900,000.00
Price Offered: $18.50
Amount Raised: $183,150,000.00

Underwriters:
CS First Boston
Merrill Lynch & Co.
Banc of America Securities
UBS Investment Bank
Piper Jaffray

Company Description:
We are a healthy way of life company and one of the nation�s fastest growing operators of large sports, fitness and family recreation centers under the LIFE TIME FITNESS� brand. We design and develop our own centers, and we focus on providing our members and customers with high quality products and services at an exceptional value in the areas of exercise, education and nutrition. As of March 15, 2004, we operated 33 centers primarily in suburban locations across eight states. Our distinctive centers provide a comprehensive offering of sports, fitness and family recreation programs and services in a resort-like setting at prices below the industry average. In addition to traditional health club offerings, our large format centers include an expansive selection of premium amenities and services, such as indoor swimming pools with water slides, basketball and racquet courts, interactive and entertaining child centers, full-service spas and dining services and, in most cases, climbing walls and outdoor swimming pools. We believe our centers provide a unique experience at a compelling value for our members, resulting in a high number of memberships per center, high profitability and attrition rates below the industry average.