New Letting Agreement

For immediate release: Thursday 21 August 2008

                           CLS HOLDINGS PLC ("CLS")                            

                          ANNOUNCES TWO NEW LETTINGS                           

                     AT VÄNERPARKEN IN VÄNERSBORG, SWEDEN                      

Following the recently completed tenant fit out, CLS is pleased to announce the
letting of 6,434 sq m (69,230 sq ft) to Vänersborgs Komvux & Other Education
(City of Vänersborg) and 1,346 sq m (14,483 sq ft) to Vänersborg Barn & Ungdom
(City of Vänersborg).

The lease to Vänersborgs Komvux & Other Education (6,434 sq m) is for a term of
ten years and 100% index based on CPI October 2007. The initial rent is SEK
5,983,630 (£502,826) per annum (SEK 930 per sq m), subject to six months rent
free.

The lease to Vänersborgs Barn & Ungdom (1,346 sq m) is for a term of ten years
and 80% index based on CPI October 2007. The initial rent is SEK 2,049,120 (£
172,195) per annum (SEK 1,522 per sq m).

A further 5,000 sq m (53,800 sq ft) is under negotiation, leaving another 5,946
sq m (63,979 sq ft) of vacant space available.

Sten Mortstedt, Executive Chairman of CLS, commented:

"We are very pleased to continue our relationship with the City of Vänersborg.
This shows that Vänerparken is an essential part of the centre as well as of
large significance to the local government. This underlines the importance of
providing high quality space for education."

                                    -ends-                                     

For further information, please contact:

Sten Mortstedt, Executive Chairman

Henry Klotz, Chief Executive Officer

CLS Holdings plc

Tel: [phone]

www.clsholdings.com