SAR - LA Fitness PLC

3i Group PLC
10 May 2001

                                                      FORM SAR 5


                                       Date of disclosure 10/05/01

             DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')

                 
Date of sale     9/05/01

Sale of   LA FITNESS PLC     (name of company)


(1) Class of voting shares    Number of shares/rights   If rights over shares
    (eg ordinary shares)      over shares sold          sold, as opposed
                                                        to the shares
                                                        themselves, specify
                                                        nature of rights

    ORDS 5p                   3,000,000       shares             N/A
                                              rights


(2) Resultant total holding   Resultant total holding   Total percentage
    of voting shares (and %   of rights over shares
    of total voting shares    (and % of total voting
    in issue)                 shares in issue)

    4,906,556       (12.01%)      N/A        (    %)    12.01%     (    %)


(3) Party making disclosure  3i Group Plc

(4)  (a)  Name of person selling shares or rights over shares 3i Group Plc
          and, if different, beneficial owner  3i Group Plc 

     (b)  Names of any other persons acting by
          agreement or understanding (see SAR 5)  3i Smaller Quoted Companies   
          Trust Plc


Signed, for and on behalf of the party named in (3) above...................

(Also print name of signatory)   Sabina Dawson

Telephone and extension number   020 7928 3131


For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, 
Tel. No: 020 7382 9026.