Gotcha Glacier Update

The Glacier of Anaheim announced that Bally Total Fitness has signed a lease for a 28,000 square foot fitness center in the Gotcha Glacier action sports facility at Sportstown, Anaheim. The Glacier, America’s first indoor snowboard and surf park, is scheduled to open in 2002. The project is located directly adjacent to Edison International Field at Sportstown in Anaheim, California.

In addition to Bally Total Fitness, the Glacier facility will house indoor snowboard and skateboard parks, a free skating ice rink, the largest rock-climbing wall in North America and six separate Wave Loch Flowrider surfing and bodyboarding waves. The facility will also feature restaurants and additional retail stores along with a children’s snow play area, birthday suites, interactive arcades and more.

“We’ve always wanted Bally in the project,” said Brad Kinney, Glacier CEO. With eighteen different sports in the Glacier building, the spirit of fitness and good health is critical to our brand. We looked at several large fitness center brands and found Bally to be the best of them. Their cutting edge facilities contain unique, state-of-the-art architecture that fits right into our project. This, along with their flawless track record for operations made the choice obvious. No one does it better than Bally Total Fitness and we’re pleased to have them on board.”

Sonny Reser, Bally’s Regional Vice President and avid snowboarder agrees. “The Glacier is a much needed amenity in Southern California,” Reser stated. “When first approached by the Glacier team, I was immediately excited. This project is going to heighten the awareness and visibility of action sports and strengthen their impact on society as a whole. I’m glad that Bally Total Fitness can be a part of it.”

The Glacier and Sportstown development is contained in Anaheim’s larger Sportstown District-an 805 acre region that includes The Glacier, Edison International Field and the Arrowhead Pond of Anaheim. Between the three sporting venues, the Sportstown District offers spectators and sports enthusiasts the opportunity to watch or participate in 28 different sports. When completed, the Sportstown District in Anaheim will be the largest concentration of permanent sporting activities in the United States. The Sportstown District is located two miles east of Disneyland and the Anaheim Resort.

Bally Total Fitness joins recently signed Sport Chalet (NASDAQ:-NMS: SPCH) as a key anchor tenant for the Glacier project. The Glacier contains over 190,000 square feet of leasable space, for which 90 percent is committed.

The Glacier of Anaheim, LLC is the developer of The Gotcha Glacier, America’s first indoor snow and action sports facility slated to break ground in Anaheim, CA later this year. The 600,000 square foot, $130 million facility houses a 3.5 acre snow slope in a controlled environment. A media-ready competition halfpipe, sanctioned for international snowboarding events, is a focal point of the venue. Also included is an indoor/outdoor surfing facility, a skateboard and inline skate park, a skydiving chamber, an ice rink, and North America’s largest rock climbing wall. These sporting areas are combined with over 190,000 square feet of entertainment, retail, restaurants, and nightclubs.