Holding(s) in Company

CLS Holdings PLC
17 May 2002

Letter to CLS Holdings PLC

DISCLOSURE OF INTEREST IN VOTING SHARES

We write to advise you that following the sale of 500,000 shares on 15th May
2002, Govett Strategic Investment Trust PLC has an interest in 4,417,363
ordinary shares of 25 pence each in the share capital of CLS Holdings PLC, which
represents 4.5% of the 96,789,740 shares we believe to be in issue.

The shares are registered in the name of Chase Nominees Limited.

From Govett Strategic Investment Trust PLC



                      This information is provided by RNS
            The company news service from the London Stock Exchange