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

Business Wire, Nov 5, 2007

NASSAU, The Bahamas -- Steiner Leisure Limited (NASDAQ:STNR) today announced that its luxury resort spa division, Mandara Spa, has entered into a new agreement to operate a luxury spa facility located at the Sheraton Imperial Hotel, Kuala Lumpur, Malaysia. The hotel is part of the Starwood Hotels group's Luxury Collection of properties.

This six year agreement represents a renewal of our prior agreement to operate a spa at this hotel and will involve the renovation of the current spa at the hotel. We will pay $280,000 in connection with the renovation of that spa.

The luxury boutique spa will feature unique signature treatments by Mandara Spa and will offer local and Balinese beauty treatments. As part of the renovation, the spa will add two luxury double spa suites with sunken baths and steam showers, adding to the existing eight single treatment rooms.

The spa is estimated to open by the end of March 2008.

This hotel is located in the heart of the Golden Triangle district of Kuala Lumpur and is considered one the city's premier hotels. The 398 guest rooms, all luxuriously appointed, include the city's largest executive suite rooms and have dynamic views of either the city skyline or the world famous Petronas Twin Towers. With over 7,000 square feet of meeting space, three restaurants, a bar and a lounge this hotel is a favorite of the international business executive.

Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "We are delighted to continue our collaboration with the prestigious Starwood Hotels and Resorts Worldwide group. We look forward to continuing to develop our unique approach to therapeutic luxury with 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 132 cruise ships, and in 52 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, Royal Caribbean Cruises and Silversea Cruises. Our Elemis Limited subsidiary manufactures its Elemis[R] 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[R], as well as other Steiner products, including La Therapie[R], 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 our proposed services at, and the estimated opening date of, our operations at the above resort spa may be deemed to be forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements do not guarantee the timely renovation or final characteristics of this 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 Sheraton Imperial Kuala Lumpur 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.