Director Shareholding

CLS Holdings PLC
23 May 2001

CLS Holding plc ('the Company')

Pursuant to the Company's tender offer dated 20 April 2001, on 21 May 2001 the
Directors of the Company listed in column one below sold those number of shares
set out against their name in column two below at 315 pence per share and are
now interested in the number of shares set out against their name in column
three below:

Director            Number of Ordinary Shares of 25    Total Holding of Ordinary
                    pence each sold pursuant to        Shares of 25 pence each
                    Tender Offer                       following sale

J F Dean            324                                18,882
K R Harris          162                                8,761
G V Hirsch          422                                422,801
H O T Lundqvist     2,106                              113,762
B F Mortstedt       127,826                            6,902,703
S A Mortstedt       810,223                            43,752,503