Directorate/Auditor Change, Result of AGM &...

For Immediate Release: 22 May 2007

Not for release, publication or distribution in whole or in part in or into the
United States, Canada, Australia, South Africa or Japan

                               CLS Holdings plc                                

                           ("the Company" or "CLS")                            

                              Directorate Change                               

                              Change of Auditors                               

                        Result of AGM and Tender Offer                         

Directorate change

The Board of CLS Holdings plc is pleased to announce the appointment of Mr
Malcolm Cooper as a non-executive director. Malcolm is Group Tax & Treasury
Director of National Grid plc and is President of the Association of Corporate
Treasurers.

Mr Keith Harris has retired as a non-executive director after 13 years of
distinguished service since the flotation of the Group in 1994. Keith also made
a valuable contribution as a member of both the Remuneration Committee and of
the Audit Committee, of which he was Chairman. Additionally he was the Senior
Independent Director and we are pleased to announce that James Dean has agreed
to take up that role.

The Board would like to thank Keith for all he has done for CLS and wish him
well in the future.

Change of Auditors

The Board of CLS Holdings plc announces that it has appointed Deloitte & Touche
LLP ("Deloitte") as auditors to the Company. PricewaterhouseCoopers LLP have
resigned as auditors and have confirmed to the Company that there are no
circumstances connected with their resignation which they consider should be
brought to the attention of shareholders or creditors of the Company in
accordance with the Companies Act 1985. Accordingly, Deloitte will conduct the
audit of the Company's accounts for the financial year ending 31 December 2007.

The Board would like to take the opportunity to thank PwC for their many years
of valuable assistance.

Result of AGM

At the Annual General Meeting of the Company held at 2.00pm today, all the
resolutions set out in the Tender Offer document and notice of AGM dated 24
April 2007 were duly passed unanimously by a show of hands except that, further
to the above two changes, Resolution 4, the re-election of Keith Harris as a
Director, and Resolution 7, the re-appointment of PricewaterhouseCoopers LLP as
auditors, were both withdrawn from the meeting. The votes of those lodged by
proxy were as follows:

Resolution                                For*        Against    Votes Withheld
                                                                       **      
                                                                               
Receive and adopt the Annual Report &    54,228,366       98,245        760,679
Accounts                                                                       
                                                                               
Approve the Directors' Remuneration      52,118,372    2,924,838         44,080
Report                                                                         
                                                                               
Re-elect Sten Mortstedt as a Director    21,814,665      757,679     32,514,946
                                                                               
Re-elect Thomas Lundqvist as a           46,266,293    4,709,758      4,111,239
Director                                                                       
                                                                               
Re-elect Bengt Mörtstedt as a            43,143,628    4,090,747      7,852,915
Director                                                                       
                                                                               
Authorise the directors to determine     55,065,671       21,619              0
the auditors' remuneration                                                     
                                                                               
Authorise the directors to allot         55,083,665        3,125            500
relevant securities                                                            
                                                                               
Approve the purchase of Ordinary         55,065,831          890         20,569
Shares from a director pursuant to                                             
the Tender Offer                                                               
                                                                               
Authorise the directors to offer a       55,085,834          850            606
scrip dividend option                                                          
                                                                               
Authorise the directors to make non      55,081,147        4,003          2,140
pre-emptive share allotments                                                   
                                                                               
Authorise the directors to make          55,063,518       23,772              0
market purchases of shares                                                     
                                                                               
Authorise the directors to make          54,847,348      119,442        120,500
market purchases of shares pursuant                                            
to tender offers                                                               

* Includes those votes giving the Chairman discretion.

** These votes are not counted towards the votes cast at the Annual General
Meeting.

Result of Tender Offer

The board of CLS is also pleased to confirm that the Company's recent Tender
Offer, as described in the Tender Offer document dated 24 April 2007, is now
closed, having received acceptance for the Tender Offer in full by its
shareholders. Tenders for up to and including the pro rata entitlement will be
met in full. Tenders received for excess Ordinary Shares will be subject to
scale back at the rate of 0.02907274 Ordinary Shares for each excess Ordinary
Share tendered over and above the pro rata entitlement, rounded down to the
nearest whole share. The Ordinary Shares purchased by the Company pursuant to
the Tender Offer will be cancelled.

A copy of the resolutions passed under special business at the Annual General
Meeting will be submitted to the UK Listing Authority and will shortly be
available for inspection at:

Document Viewing Facility

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Telephone: [phone]

Enquiries:

CLS Holdings plc

Sten Mortstedt, Executive Chairman [phone]

Steven Board, Chief Operating Officer [phone]

Hansard Group

Ben Simons / Adam Reynolds [phone]