Closure of Tender Offer

CLS Holdings PLC
5 December 2000



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THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR
                                    JAPAN



                  CLS Holdings plc ('CLS' or 'the Company')

            Closure of the Tender Offer and purchase of Own Shares

The board of CLS is pleased to confirm that the Company's recent Tender Offer,
as described in the Tender Offer document dated 10 November 2000, is now
closed.

In addition, on 4 December 2000 CLS purchased 1,150,000 Ordinary Shares at
185p per share under its existing authority to make market purchases.
Following the purchase of own shares and, having received acceptance for the
Tender Offer in full by its shareholders, CLS's issued share capital following
cancellation of 1,850,387 Ordinary Shares under the Tender Offer and 1,150,000
Ordinary Shares under its existing market purchases authority will stand at
108,023,651 Ordinary Shares.





Enquiries:
CLS Holdings plc
Sten Mortstedt           Executive Chairman             020 7582 7766
                                                        020 7582 7766
Glyn Hirsch              Chief Executive