Steiner Leisure Renews Agreement w/ Norwegian

Jason · June 26, 2004

Limited Announces Renewal of Agreement with Norwegian Cruise Lines

NASSAU, The Bahamas--(BUSINESS WIRE)--June 24, 2004--Steiner Leisure Limited (Nasdaq:STNR), has renewed its agreement with Norwegian Cruise Line, LTD. through May 2009. The new agreement provides for Steiner to continue its relationship as the exclusive provider of spa services. Under its distinctly unique brand Mandara Spa, recognized globally for 5 star service and a comprehensive menu selection, Steiner will provide massage services, hair dressing and beauty treatments on the existing Norwegian fleet of ten cruise ships (including one operated under the "Orient" brand), as well as on all ships Norwegian introduces into service during the term of this agreement.

Leonard I. Fluxman, President and Chief Executive Officer of Steiner Leisure, commented, "We are very excited about our contract renewal with Norwegian Cruise Line, which reflects the commitment by both parties to continue our mutually successful association. Steiner is proud to continue to be associated with the freestyle innovations and excellence of Norwegian Cruise Lines."

Steiner Leisure Limited is a worldwide provider of spa services. The Company's operations include spas and salons on 113 cruise ships, and in 64 resort spas and two luxury day spas. Our cruise line and land-based resort customers include Carnival Cruise Line, Caesars Entertainment, Celebrity Cruises, Crystal Cruises, Cunard/Seabourn Cruise Lines, Hilton Hotels, Holland America Line, Kerzner International, Marriott Hotels, Norwegian Cruise Lines, Princess Cruises and Royal Caribbean Cruises. Our Elemis Limited subsidiary manufactures its Elemis® brand products for use in our cruise ship and land-based spas. This top quality European line of beauty products is also distributed worldwide to exclusive hotels, salons, health clubs and destination spas. Elemis®, as well as other Steiner private label products, including La Therapie®, Ionithermie, and Steiner Hair Care, are available at http://www.timetospa.com.

Steiner Leisure also owns and operates three post secondary schools (comprised of a total of eight campuses) located in Miami, Fort Lauderdale, Orlando and Sarasota, Florida; Baltimore, Maryland; York, Pennsylvania and Charlottesville and Winchester, Virginia. Offering degree and non-degree programs in massage therapy and skin care, these schools train and qualify spa professionals for health and beauty positions within the Steiner family of companies or other industry entities.