The article at CNN was from Reuters (which is where most other media outlets took the story.) Reuters is
NOTORIOUS for getting nuances of stories wrong, to the point of distorting the story.
For starters, most media outlets led with the headline, "Which is better for weight loss: Diet or Exercise - a new study answers the question"
That is NOT what the study was about.
It was to examine the effect of
DIET ALONE vs
DIET and EXERICSE
Each group had a calorie deficit of 25% over the course of the study, and lost (about) the same % of weight.
The researchers found that all of the participants lost 'some' 'fat free' mass (the dieters AND the diet/exercisers).
In the media, it's being reported that the exercise didn't 'protect' the lean muscle mass, but it's worth pointing out that the exercisers ONLY did cardio. Their routines did not include strength training...so I don't know why the researchers would have thought that walking on a treadmill would 'preserve muscle mass'.
The 'real' conclusion of the story is that calorie deficit 'works' - no matter how you create it, and that no method can 'spot' reduce bodyfat. Fat distribution is genetically determined. (Much of the study was about looking at 'where' the participants lost their bodyfat')
The authors also go on to say that the best method for weight loss is a combination of diet AND exercise because exercise has metabolic and cardiovascular benefits.
As is the case with any Reuters story...it's always best to read the full study report.
http://jcem.endojournals.org/cgi/rap...jc.2006-2184v1