The sticker once said 'Mavic Equipped'.
1997 LTS-3 was available in grey main triangle and also ball burnished. It had SR Apex cranks and an Indy XC (which was black) so I would say yours is a '97 LTS-3. I just looked again and the LTS-2 in '97 was also the old style link, the main triangle in red or BB, but with XT and a cream colored fork.
Have a look here for the catalogue http://www.retrobike.co.uk/gallery2/d/10529-2/1997.pdf
The obvious giveaway as a 1997 frame is the angle of the brake studs, '96 bikes still had cantilevers and the brake posts were almost 90° to the seatstay to get a good routing for the cable and straddle calble; '97 got V brakes which needed to be angled down and away from the top of seatstay, like in your bike, so the much longer arms would clear the bent section and link. Your bike definitely has the newer seatstay.
^ See how my brake posts stick out perpendicular to where they're welded on? V-brakes won't fit this bike without an adaptor spacer GT made later on. Yours is a direct fit because the brake posts come out on an angle.