Holding(s) in Company

TR-1: notification of major interests in shares         CLS Holdings Plc       
                                                                               
1. Identity of the issuer or the underlying                                    
issuer of existing shares to which voting rights                               
are attached:                                                                  
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights                                    
                                                                               
An acquisition or disposal of financial                                        
instruments which may result in the acquisition                                
of shares already issued to which voting rights                                
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Company Repurchased      Yes                           
Shares                                                                         
                                                                               
3. Full name of person(s) subject to the         AXA S.A, 25 Avenue Matignon,  
notification obligation:                         75008 Paris and its group of  
                                                 companies                     
                                                                               
4. Full name of shareholder(s) (if different     n/a                           
from 3.):                                                                      
                                                                               
5. Date of the transaction (and date on which    15/01/2008                    
the threshold is crossed or reached if                                         
different):                                                                    
                                                                               
6. Date on which issuer notified:                16/01/2008                    
                                                                               
7. Threshold(s) that is/are crossed or reached:  5%                            

8. Notified details:                                                           

A: Voting rights attached to shares                                            

Class/    Situation previous   Resulting situation after the triggering        
type of   to the triggering    transaction                                     
shares    transaction                                                          
                                                                               
(if       Number of Number of  Number   Number of voting    % of voting rights 
possible  Shares    Voting     of       rights                                 
using the           Rights     shares                                          
ISIN                                                                           
CODE)                                                                          
                                                                               
                               Direct   Direct    Indirect  Direct    Indirect 
                                                                               
0159247   3,434,105 3,434,105  455,573  455,573   2,976,629 0.67      4.39     

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of         Expiration  Exercise/          Number of voting    % of voting 
financial       date        Conversion Period/ rights that may be  rights      
instrument                  Date               acquired if the                 
                                               instrument is                   
                                               exercised/                      
                                               converted.                      
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                % of voting rights                      
                                                                               
3,432,202                              5.07%                                   

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable:                     

Name of the Company/Fund            Number of Shares        % of issued share  
                                                            capital            
                                                                               
AXA Rosenberg                       125,526                 0.18532            
                                                                               
Direct                                                                         
                                                                               
AXA UK Investment Co ICVC           83,803                  0.12372            
                                                                               
UK Smaller Companies Fund                                                      
                                                                               
Indirect                                                                       
                                                                               
AXA Rosenberg                       95,509                  0.14101            
                                                                               
Direct                                                                         
                                                                               
AXA Colonia Konzern                 119,487                 0.17641            
                                                                               
Direct                                                                         
                                                                               
AXA France                          116,427                 0.17189            
                                                                               
Indirect                                                                       
                                                                               
AXA Rosenberg                       747,888                 1.10416            
                                                                               
Indirect                                                                       
                                                                               
Sun Life Pensions Management        2,000                   0.00295            
Ltd                                                                            
                                                                               
Direct                                                                         
                                                                               
Sun Life Unit Assurance Ltd         9,064                   0.01338            
                                                                               
FTSE All Share Tracker                                                         
                                                                               
Direct                                                                         
                                                                               
Sun Life Pensions Management        47,745                  0.07049            
                                                                               
FTSE All Share Tracker                                                         
                                                                               
Direct                                                                         
                                                                               
AXA Framlington                     98,134                  0.14488            
                                                                               
Xerox Final Salary Pension                                                     
Scheme                                                                         
                                                                               
Indirect                                                                       
                                                                               
AXA Framlington                     73,797                  0.10895            
                                                                               
Islington Group Pension Scheme                                                 
                                                                               
Indirect                                                                       
                                                                               
AXA Framlington                     220,000                 0.32480            
                                                                               
SEI UK Equity                                                                  
                                                                               
Indirect                                                                       
                                                                               
AXA Framlington                     1,050,000               1.55018            
                                                                               
Throgmorton Trust                                                              
                                                                               
Indirect                                                                       
                                                                               
AXA Framlington                     425,000                 0.62746            
                                                                               
UK Smaller Companies                                                           
                                                                               
Indirect                                                                       
                                                                               
AXA Framlington                     113,883                 0.16813            
                                                                               
BAE Systems Pensions Fund CIF                                                  
Trustees                                                                       
                                                                               
Indirect                                                                       
                                                                               
AXA Framlington                     47,697                  0.07042            
                                                                               
BAE Systems 2000 Pensions Fund                                                 
                                                                               
Indirect                                                                       
                                                                               
AXA Sun Life With Profits           34,676                  0.05119            
Passive                                                                        
                                                                               
Direct                                                                         
                                                                               
AXA Sun Life With Profits           21,566                  0.03184            
Passive                                                                        
                                                                               
Direct                                                                         
                                                                               
                  Total Direct      455,573                 0.67259            
                                                                               
                Total Indirect      2,976,629               4.39459            
                                                                               
                         TOTAL      3,432,202               5.06719            

Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                           N/A                    
                                                                               
11. Number of voting rights proxy holder will cease to  N/A                    
hold:                                                                          
                                                                               
12. Date on which proxy holder will cease to hold       N/A                    
voting rights:                                                                 

13. Additional information:                                                    
                                                                               
14. Contact name:                                       Terry Marsh            
                                                                               
15. Contact telephone number:                           020 7003 2637