New Letting Agreement

Immediate Release: Wednesday 12 November 2008 CLS Holdings PLC ("CLS") Announces a New Letting at Maximilian Forum, Martinsried, Germany CLS is pleased to announce a further letting of 1,200 sq m (12,917 sq ft) at Maximilian Forum to MediGene AG, a biotech company who concentrates on researching, developing, and commercialising novel drugs in two therapeutic areas: cancer and autoimmune diseases. The lease (1,200 sq m) is for a term of eight years with an option to prolong for five years at the end of the fixed term. There is no break option. The annual rent is €152,000 (£123,356) with annual indexation to German CPI. MediGene AG now occupy (including this letting) a total area of 5,970 sq m (64,583 sq ft) at Maximilian Forum which generates a total rent of €892,320 per annum (£724,162 per annum). Sten Mortstedt, Executive Chairman of CLS, commented: "We are delighted that Medigene have the requirement for further space within this property and we look forward to our continued relationship with them." -ends- For further information, please contact: Sten Mortstedt, Executive Chairman Henry Klotz, Chief Executive Officer CLS Holdings plc Tel: +44 20 7582 7766 www.clsholdings.com

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CLS Holdings (CLI)
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