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Life Time Fitness Expands Operations in Houston at The Galleria

Expansion Provides New Membership Opportunities for Consumers with Broad Array of Tennis, Healthy Lifestyle Clubs and Programming

HOUSTON -- Simon (NYSE:SPG), a leading global retail real estate company, announced that Life Time®, a privately held, comprehensive healthy living, healthy aging and healthy entertainment lifestyle company, is now open at The Galleria in the former Galleria Tennis & Athletic Club space (GTAC). The largest operator of indoor tennis courts in the country, Life Time operates a portfolio of resort-like health and fitness destinations, including seven other locations in the Houston market and 123 nationwide, with multiple additional locations currently under development.

"With our 15-year history of operating tennis facilities and programming, we are pleased to add GTAC to our existing portfolio of Life Time destinations," said Jeff Zwiefel, Chief Operating Officer, Life Time. "We recognize the rich history of GTAC and are excited to continue serving the tennis community here and at our other healthy lifestyle resorts in Houston, as well as across the nation."

With an improved member experience in mind, Life Time will be investing in the club to ensure a world-class tennis facility, complete with tennis leagues, instruction, and junior programs, along with an 8,000-square-foot fitness center with best-in-class equipment and signature programs, and a restaurant.

"We welcome the addition of the prestigious Life Time brand at The Galleria," said Chris Lane, Director of Marketing and Business Development. "Both of our organizations are committed to delivering premier experiences for our guests, complemented by Life Time's focus on delivering unparalleled health, wellness and lifestyle programs and services."

About The Galleria
More than 30 million visitors each year seek the dynamic, comprehensive, fine shopping environment uniquely offered by The Galleria, Texas' largest shopping center and one of the nation's top ten largest shopping domains. Spanning 2.4 million square feet of space, housing 400 fine stores and restaurants, two high-rise hotels, and three office towers, The Galleria is Houston's most popular retail and tourist destination, meeting every budget, style and taste.

About Simon
Simon is a global leader in retail real estate ownership, management and development and an S&P100 company (Simon Property Group, NYSE:SPG). Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales. For more information, visit simon.com.

About Life Time Fitness, Inc.
Life Time is a privately held, comprehensive health and lifestyle company that offers a personalized and scientific approach to long-term health and wellness. Through its portfolio of distinctive resort-like destinations, athletic events and corporate health services, the Healthy Way of Life Company helps members achieve their goals everyday with the support of a team of dedicated professionals and an array of proprietary health assessments. As of April 13, 2016, the company operates 123 centers in 26 states and 35 major markets under the LIFE TIME FITNESS® and LIFE TIME ATHLETIC® brands in the United States and Canada. Additional information is available at www.lifetimefitness.com.

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