QUOTE: “Saturday 28 July 2001

Virgin Active sweats for Greenpoint lease Cape Town – Virgin Active had paid a “significant amount” to two former LeisureNet directors, Rod Mitchell and Peter Gardener, to secure the lease of The Point Sports Club in Greenpoint, one of the top five gyms in Virgin’s stable of 76 it now operates across the country. Ian Burroughs, the managing director of Virgin Active, said the agreement to operate the well-known Cape Town gym, which has about 5 000 members, followed more than four months of tough negotiations with the two former LeisureNet directors. (¬©” END QUOTE