8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 6, 2008

Life Time Fitness, Inc.

(Exact name of Registrant as specified in its charter)

Minnesota	001-32230	41-1689746
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)

2902 Corporate Place
Chanhassen, Minnesota	55317
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (952) 947-0000

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

Exhibit 99.1

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 6, 2008, the Governance and Nominating Committee of the Board of Directors of Life Time Fitness, Inc. (the “Company”) elected Martha (Marti) A. Morfitt as a new director. Ms. Morfitt, age 51, is the former President and Chief Executive Officer of CNS, Inc., a manufacturer and marketer of consumer healthcare products, including the Breathe Right^® nasal strip and FiberChoice^® daily fiber supplements. She held this position from 2001 through March 2007. From 1998 to 2001, she was Chief Operating Officer of CNS, Inc. Ms. Morfitt left her position at CNS, Inc. effective March 2007 as a result of the acquisition of CNS, Inc. by GlaxoSmithKline plc in December 2006. Ms. Morfitt is also a director of Graco, Inc. and Thermage Inc. Ms. Morfitt will receive the Company’s standard non-employee director compensation package, the terms of which have previously been disclosed. The Board of Directors also elected Ms. Morfitt as a member of the Governance and Nominating Committee of the Board of Directors.

Also on August 6, 2008, James F. Halpin gave notice of his intention to resign from the Board of Directors effective immediately.

Item 9.01. Financial Statements and Exhibits.

     The following Exhibit is being furnished herewith:

99.1 Press Release dated August 8, 2008.

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	LIFE TIME FITNESS, INC.
Date: August 8, 2008	By /s/ Eric J. Buss
	Eric J. Buss
	Executive Vice President and General Counsel and Secretary

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EXHIBIT INDEX

		Manner of
No.	Exhibit	Filing
99.1	Press Release dated August 8, 2008.	Filed Electronically

EX-99.1

Exhibit 99.1

Contacts:
Investor Relations: Ken Cooper – 952-229-7427 or ir@lifetimefitness.com
Media Relations: Jason Thunstrom – 952-229-7435 or pr@lifetimefitness.com

FOR IMMEDIATE RELEASE

LIFE TIME FITNESS ELECTS MARTHA A. MORFITT TO BOARD OF DIRECTORS
Concurrently, James F. Halpin Resigns from Board

CHANHASSEN, Minn. (August 8, 2008) – Life Time Fitness, Inc. (NYSE: LTM) announced today that Martha (Marti) A. Morfitt has been elected to its board of directors, effective August 6, 2008.

     Ms. Morfitt, 51, most recently served as chief executive officer and a director of CNS, Inc., a publicly traded manufacturer and marketer of consumer healthcare products. During her nine-year tenure (March 1998 to March 2007), Ms. Morfitt and her team successfully completed a performance turnaround at CNS, returning the Company to profitability and transforming it into a growing consumer health care products company with flagship brands that included Breathe Right^® nasal strips and FiberChoice^® daily fiber supplement brands. CNS was sold to GlaxoSmithKline in December 2006 and its operations were transferred to Pittsburgh in April 2007.

     Prior to joining CNS, Ms. Morfitt served in a variety of senior management and marketing positions at The Pillsbury Company over a 16-year period. She most recently served as vice president of Pillsbury’s Meals Division and, prior to that, vice president of Green Giant Brands.

     Ms. Morfitt currently serves on the board of directors for Minneapolis-based Graco, Inc. and San Francisco-based Thermage. She earned an MBA from York University in Toronto, and a bachelor’s degree from the Richard Ivey School of Business at the University of Western Ontario.

     Concurrently, Life Time Fitness also announced that James F. Halpin resigned from its board of directors, effective August 6, 2008. Mr. Halpin, who served as a director since February 2005, retired as president, chief executive officer and a director of CompUSA Inc., where he served from 1993 to 2000. More recently, he launched his own private investment firm.

     “I am pleased to welcome Marti, a seasoned executive who brings a wealth of management and marketing leadership experience, and a proven performance track record, to our board of directors,” said Bahram Akradi, Life Time Fitness Chairman and Chief Executive Officer. “At the same time, I sincerely thank Jim for his years of service and contributions to our company.”

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Life Time Fitness Names Martha A. Morfitt to Board of Directors – Page 2

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About Life Time Fitness, Inc.

Life Time Fitness, Inc. (NYSE:LTM) operates distinctive and large, multi-use sports and athletic, professional fitness, family recreation and resort and spa centers. The company also provides consumers with personal training consultation, full-service spas and cafes, corporate wellness programs, health and nutrition education, the healthy lifestyle magazine, Experience Life, athletic events, and nutritional products. As of August 8, 2008, Life Time Fitness operated 74 centers in 17 states, including Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Michigan, Minnesota, Missouri, Nebraska, North Carolina, Ohio, Texas, Utah and Virginia. Life Time Fitness is headquartered in Chanhassen, Minnesota, and can be located on the Web at lifetimefitness.com. LIFE TIME FITNESS, EXPERIENCE LIFE, and the LIFE TIME FITNESS TRIATHLON SERIES are registered trademarks of Life Time Fitness, Inc. All other trademarks or registered trademarks are the property of their respective owners.