New Letting Agreement

Immediate Release: 5 May 2004 CLS HOLDINGS PLC ('CLS') ANNOUNCES THE LETTING OF 1,568 sq m (16,876 sq ft) AT VISTA OFFICE CENTRE, HOUNSLOW TO THE METROPOLITAN POLICE AUTHORITY CLS is pleased to announce that the Metropolitan Police Authority has taken a lease of 1,568 sq m (16,876 sq ft) at Vista Office Centre, Hounslow. The lease is for a term of ten years with an upward only rent review in 2009. The initial rent is £232,045 per annum, equating to £147.99 per sq m (£13.75 per sq ft). There is a short rent free period. The Vista Office Centre provides a range of office accommodation together with a fitness centre complete with indoor 20 m swimming pool, all weather sports court and an on-site restaurant. Vail Williams and Andrews Denford & Boyd represented CLS and Smith Melzack Pepper Angliss represented the Metropolitan Police Authority. Executive Chairman, Sten Mortstedt, said: 'We are very pleased to welcome the Metropolitan Police to the Vista Office Centre. The letting underlines the importance of being able to offer a unique working environment and flexible leasing strategy.' -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. +44 (0)20 7582 7766 Adam Reynolds / Ben Simons Hansard Communications Tel. 020 7245 1100

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