Town Sports International Holdings, Inc. Appoints Carolyn Spatafora as Chief Financial Officer

  Town Sports International Holdings, Inc. Appoints Carolyn Spatafora as Chief
  Financial Officer

Business Wire

NEW YORK -- April 25, 2014

Town Sports International Holdings, Inc. (“TSI” or the “Company”)
(NASDAQ:CLUB) today announced the appointment of Carolyn Spatafora as Chief
Financial Officer of the Company, effective May 12, 2014. Ms. Spatafora
succeeds Daniel Gallagher, who had been serving as Chief Financial Officer and
was promoted to the position of President and Chief Operating Officer in
January 2014.

“We are very excited to welcome Carolyn to our team,” said Bob Giardina, the
Company’s Chief Executive Officer. “We believe that Carolyn brings the right
talent and experiences to the role of Chief Financial Officer and the Company
will benefit from her previous oversight and leadership experience.”

Ms. Spatafora joins the Company from Sbarro, LLC, where she served as Chief
Financial Officer since December 2009. Ms. Spatafora began her career at KPMG
Peat Marwick and later served in various senior finance roles at Bayside
Federal Savings Bank and Adecco, S.A. before moving to Sbarro, LLC (formerly
Sbarro, Inc.) in March 2005, where she served in various roles, including
Controller, prior to her appointment to Chief Financial Officer.

About Town Sports International Holdings, Inc.

New York-based Town Sports International Holdings, Inc. is a leading owner and
operator of fitness clubs in the Northeast and mid-Atlantic regions of the
United States and, through its subsidiaries, operated 162 fitness clubs as of
December 31, 2013, comprising 108 New York Sports Clubs, 29 Boston Sports
Clubs, 16 Washington Sports Clubs (two of which are partly-owned), six
Philadelphia Sports Clubs, and three clubs located in Switzerland. These clubs
collectively served approximately 497,000 members as of December 31, 2013.

From time to time we may use our Web site as a channel of distribution of
material company information. Financial and other material information
regarding the Company is routinely posted on and accessible at
http://www.mysportsclubs.com. In addition, you may automatically receive email
alerts and other information about us by enrolling your email by visiting the
“Email Alerts” section at http://www.mysportsclubs.com.

Contact:

Investor Contact:
(212) 246-6700 extension 1650
Investor.relations@town-sports.com
or
ICR, Inc.
Joseph Teklits / Farah Soi, (203) 682-8200
farah.soi@icrinc.com
 
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