Steiner Leisure Limited Announces Entry into a Concession Agreement with NCL America, Inc

Business Wire, Feb 6, 2008

NASSAU, The Bahamas -- Steiner Leisure Limited (NASDAQ:STNR) today announced that it has entered into an agreement with NCL America Inc., which provides for the continuation of Steiner's massage, hairdressing, beauty and fitness services on NCL America's vessels Pride of Aloha, Pride of America and Pride of Hawaii, which serve passengers cruising the Hawaiian Islands. Steiner Leisure initially began its relationship with NCL America in June 2004, by providing services on Pride of Aloha.

The agreement provides for a term through September 2011. Under this agreement, Steiner Leisure will continue to be the exclusive provider of spa services aboard the current NCL America fleet, as well as on any new vessels introduced into the fleet during the term of this agreement. NCL America has announced that Pride of Hawaii will be transferred to Norwegian Cruise Line in February 2008 (and will have other itineraries). Steiner Leisure will continue to serve Pride of Hawaii, when she is renamed Norwegian Jade, following this transfer pursuant to its existing agreement with Norwegian Cruise Line.

Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "We are very pleased to formalize our relationship with NCL America as a continuation of our long-standing, successful relationship with the Norwegian brand."

Steiner Leisure Limited is a worldwide provider of spa services. The Company's operations include spas and salons on 130 cruise ships, and in 52 resort spas and two luxury day spas. Our cruise line and land-based resort customers include Crystal Cruises, Carnival Cruise Lines, Caesars Entertainment, Celebrity Cruises, Cunard/Seabourn Cruise Lines, Silversea Cruises, Hilton Hotels, Holland America Line, One&Only Resorts by Kerzner International, Marriott Hotels, Norwegian Cruise Lines, Princess Cruises and Royal Caribbean 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.