ADVISORY/Stage is Set for 2004 Life Time Fitness Triathlon.

Sattelite coordinates in the advisory dated July 15, 2004 should read: Sat., July 17 -- 1600-1615 (4:00-4:15 p.m.) ET; G3C 18K; Slot A (9 MHz); U/L Freq=14341 Vertical, D/L Freq = 12041 Horizontal, FEC 5/6, Data rate 6.5, Symbol rate 4.232. Trouble #: 612-803-9742 or 651-263-1550 (sted Sat., July 17 -- 1600-1615 (4:00-4:15 p.m.) ET; G3C 18K; Slot A; U/L Freq=14341 Vertical, D/L Freq = 12041 Horizontal. Trouble #: 612-803-9742 or 651-263-1550).

The corrected release reads:

STAGE IS SET FOR 2004 LIFE TIME FITNESS TRIATHLON

VIDEO PACKAGE AVAILABLE VIA SATELLITE FEED; LARGEST PRIZE PURSE IN TRIATHLON HISTORY, SAME-DAY NATIONAL TELECAST, FIELD OF OLYMPIANS AND 2,500 AMATEURS

WHO:

    -- 40 of the world's best female and male professional triathletes
    (including a stellar field of past and current Olympians)

    -- 2,500+ amateur athletes from 40+ states and thousands of
    spectators

WHAT:

The 2004 Life Time Fitness Triathlon, offering the largest cash purse
in the history of the sport to the professional field.

WHEN:

    -- Saturday, July 17, 2004, beginning at 8:00 a.m.

    -- NBC will broadcast the event nationally from 2:00 p.m. to 3:00
    p.m. (EST).

WHERE:

A stunning course, beginning and ending at Minneapolis' Lake Nokomis
and traveling throughout the Minneapolis/St. Paul Parkway system on
two courses:

    -- Short Distance Course -- includes a .4-mile swim, 15-mile bike
    race and a 3-mile run

    -- Olympic Distance Course -- includes a 1.5 K swim, 40 K bike
    race and a 10 K run

WHY:

    -- The world's best professional triathletes - 12 of whom will be
    Athens bound - including such notables as Greg Bennett (AUS),
    Hunter Kemper (USA) and defending two-time Life Time Fitness
    Triathlon champion Barb Lindquist (USA) - will battle for the
    event's record prize purse of $500,000.

    -- The 2004 Triathlon features the "Equalizer," a unique
    handicapping timing structure that allows the professional women
    to start ahead of the professional men by a predetermined amount
    of time, resulting in a dramatic, "battle-of-the-sexes" race to
    finish for the first place prize of $250,000.

A satellite hook-up will be available, offering event highlights that
showcase the international flair, fierce competition and dramatic
finish among the professional athletes, as well as the inspiring
stories surrounding the amateur field (planned footage to include Erik
Vilen, a soldier who trained for Life Time Fitness Triathlon while
serving in Iraq, Mary Stroebe, an 86-year-old triathlon veteran, and
more):

Satellite Details as Follows: Sat., July 17 -- 1600-1615 (4:00-4:15
p.m.) ET; G3C 18K; Slot A (9 MHz); U/L Freq=14341 Vertical, D/L Freq =
12041 Horizontal, FEC 5/6, Data rate 6.5, Symbol rate 4.232. Trouble
#: 612-803-9742 or 651-263-1550 (sted Sat., July 17 -- 1600-1615.

About Life Time Fitness, Inc.

Life Time Fitness (NYSE:LTM) operates distinctive and large sports, athletic, fitness and family recreation centers. As of July 9, 2004, the Company operated 35 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. (http://www.lifetimefitness.com/).

Life Time Fitness: Your Answer to a Healthy Way of Life