Transaction in Own Shares

Embargoed Release: 07:00hrs Friday 28 March 2008

                       CLS Holdings plc (the `Company')                        

                           Transaction in Own Shares                           

The Company announces that, pursuant to its general authority by shareholders
of the Company on 22 May 2007 to make market purchases of its own shares, the
Company acquired 84,022

Ordinary shares on 27 March 2008 at an average price of 348.6625 pence per
Ordinary share, with the highest price of 351 pence and the lowest price of 330
pence. The purchased shares will be held as treasury shares.

Following the above transactions the Company now holds 7,205,409 Ordinary
shares as treasury shares and the total number of Ordinary shares in issue,
excluding shares held as treasury shares, is 67,644,327. Therefore the total
number of voting rights in CLS Holdings plc is 67,644,327.

Enquiries:

Sten Mortstedt, Executive Chairman - 020 7582 7766

Per Sjöberg, Chief Executive Officer - 020 7582 7766


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