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May 07, 2007 09:01 AM Eastern Time

Steiner Leisure Limited Announces Agreement to Operate a Luxury Spa at the Renaissance Kuala Lumpur Hotel, Malaysia

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NASSAU, The Bahamas--(BUSINESS WIRE)--Steiner Leisure Limited (NASDAQ:STNR) today announced that its luxury resort spa division, Mandara Spa, has entered into an agreement to operate a luxury spa facility located at the Renaissance Kuala Lumpur Hotel, in Kuala Lumpur, Malaysia. The Renaissance brand is part of the Marriott Hotels group. The term of the agreement is seven years, with an option to extend for an additional two years.

This luxury spa will feature unique signature treatments by Mandara Spa and will offer local, Balinese and other beauty treatments. The spa will be comprised of 11 treatment rooms, including two luxurious double spa suites with sunken baths and steam showers, eight single rooms and a separate reflexology treatment room. Steiner Leisure will be required to expend $550,000 to create the spa within the existing hotel building.

The spa is estimated to open by the end of November 2007.

This luxurious city hotel, one of the largest in Kuala Lumpur, has established itself as one of the premier hotels in this dynamic Asian city. Strategically located in the heart of the city, the hotel offers a total of 921 guest rooms, including 81 suites and has over 3,500 square meters of meeting space.

Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "We are delighted to continue expanding our collaboration with the prestigious Marriott hotel and resort group. We look forward to introducing our unique approach to therapeutic luxury to another member of this top quality family of hotels.

Steiner Leisure Limited is a worldwide provider of spa services. The Company's operations include spas and salons on 130 cruise ships, and in 54 resort spas and two luxury day spas. Our cruise line and land-based resort customers include Carnival Cruise Lines, Caesars Entertainment, Celebrity Cruises, Crystal Cruises, Cunard/Seabourn Cruise Lines, Hilton Hotels, Holland America Line, Kerzner International, Marriott Hotels, Norwegian Cruise Lines, Princess Cruises, Ritz Carlton, 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 products, including La Therapie®, Ionithermie, and Steiner Hair Care, are available at http://www.timetospa.com.

Steiner Leisure owns and operates four post secondary schools (comprised of a total of 14 campuses) located in Miami, Orlando, Pompano Beach and Sarasota, Florida; Baltimore, Maryland; Charlottesville, Virginia; York, Pennsylvania; Salt Lake City and Lindon, Utah; Las Vegas, Nevada; Tempe and Phoenix, Arizona; and Westminster and Aurora, Colorado. Offering degree and non-degree programs in massage therapy and, in some cases, skin care, these schools train and qualify spa professionals for health and beauty positions within the Steiner family of companies or other industry entities.

Forward-Looking Statements

Our statements with respect to the proposed services at, and the estimated opening date of, our operations at the above resort may be deemed to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements do not guarantee the timely construction or final characteristics of this new spa, since known and unknown risks and other factors may preclude results that match these statements. Such risks and factors include uncertainties beyond our control that could adversely affect the timely construction and final characteristics of resort spa facilities such as at the Renaissance Kuala Lumpur Hotel, including, among other things, our lack of control over the spa construction work and possible weather-related delays. Other risks are described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for 2006. We undertake no obligation to publicly update or revise any of such forward-looking statements.



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