App.of Joint Corporate Broker

CLS Holdings PLC
7 November 2000


                    CLS Holdings plc ('CLS')

         Notice of Appointment of Joint Corporate Broker


The Board of CLS, the UK-based property company recently enlarged
by  the acquisition of Citadel Holdings plc, announces that  HSBC
Investment Bank plc, financial adviser to CLS, has been appointed
as its joint corporate broker.  This appointment takes place with
immediate effect.

For further information please contact:

CLS Holdings plc
Sten Mortstedt      Executive Chairman            020 7582 7766
Glyn Hirsch         Chief Executive               020 7582 7766


HSBC Investment Bank plc
Jonathan Gray       Director                      020 7336 9000