Market Overview

Town Sports International Holdings, Inc. Announces Release of Annual Chairman's Letter

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Town Sports International Holdings, Inc. ("TSI" or the "Company")
(NASDAQ:CLUB) announced today that CEO and Chairman of the Board,
Patrick Walsh has issued his annual chairman's letter for 2018 via the
Company's investor website. The website can be found at https://www.townsportsinternational.com.

About Town Sports International Holdings, Inc.

Town Sports International Holdings, Inc. is a diversified holding
company with subsidiaries engaged in a number of business and investment
activities. The Company's largest operating subsidiary has been involved
in the fitness industry since 1973 and has grown to become one of the
largest owners and operators of fitness clubs in the Northeast region of
the United States. TSI's corporate structure provides flexibility to
make investments across a broad spectrum of industries in order to
create long-term value for shareholders.

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