Letting Agreements

Embargoed: 19 April 2005, 0700hrs

              CLS HOLDINGS PLC ('CLS') ANNOUNCES TWO NEW LETTINGS              

                           AT WESTMINSTER TOWER, SE1                           

The Board of CLS is pleased to announce that Westminster Tower, Albert
Embankment, London SE1 is now fully let following two lettings.

The 12th floor, extending to 3,100 sq ft (288 sq m), has been let to Overseas
Exhibition Services Limited for a term of ten years at an initial rent of £
83,700 (£27 psf / £291 psm) per annum with upwards only rent review at the
fifth year. The tenant was granted a rent free period of 12 months.

Westminster Live Limited, an existing tenant, has taken a new lease on the 9th
floor totalling 3,124 sq ft (290 sq m) for a term to expire in June 2012 at an
initial rent of £99,968 per annum (£32 psf / £344 psm).

These lettings follow the recent refurbishment of both the main reception area
and 12th floor, providing a unique working environment in this landmark
building which offers spectacular views over the River Thames towards the
Houses of Parliament and the City.

The 8th floor totalling 3,100 sq ft (288 sq m) will be available in September.
It is to be refurbished and is available through letting agents EA Shaw.

Sten Mortstedt, Executive Chairman of CLS, commented:

'These lettings provide further evidence of the importance in offering quality
accommodation and in working closely with existing occupiers in this
competitive market.'

                                    -ends-                                     

For further information, please contact:

Sten Mortstedt, Executive Chairman

Tom Thomson, Chief Executive & Vice Chairman

Kevin Chapman, UK Property Director

CLS Holdings plc

www.clsholdings.com

Tel. [phone]

Ben Simons

Hansard Communications

Tel. [phone]