Focusing on specific kinds of mortality might also give stronger results than measuring "all cause" mortality. I say that because it seems like cancer was the biggest killer in these groups. I am not a doctor, but I wouldn't have thought cancer was causally related to (lack of) exercise, the way cardiovascular diseases are believed to be. I'd be interested to see larger studies with enough non-cancer deaths to say something statistically significant about the effect of exercise on those outcomes.