First Day Trading in Shares of Easy Travel

CLS Holdings PLC
16 March 2000


CLS CAPITAL PARTNERS ANNOUNCES 
FIRST DAY TRADING IN SHARES OF EASY TRAVEL AND INVESTMENT IN MOBILARIS AB

CLS Capital Partners (the investment subsidiary of CLS Holdings plc) is
pleased to announce commencement in trading in the shares of Easy Travel in
Stockholm.  Easy Travel is Scandinavia's leading internet based travel booking
business and is in the process of international expansion, initially in
London.

At the end of the first day, Easy Travel's shares stood at SEK 600 per share
compared with an acquisition price of SEK 200 in Easy Travel's October 1999
fundraising.  CLS Capital Partners owns 15,000 shares (1.9% of the company). 
The current increase in value of this shareholding is therefore £438,000.

CLS Capital Partners is also pleased to announce its investment in Mobilaris
AB.  Mobilaris AB has been formed by a group of former senior employees from
Telia Mobil AB and Telia Research AB.  Mobilaris is developing service
platforms and advanced mobile information services which is a rapidly
expanding area of the mobile internet.  The Mobilaris platform opens up unique
possibilities over mobile telephones by combining internet, telecommunications
and enhanced G.P.S. technologies.

CLS Capital Partners has acquired 12% of Mobilaris AB for an investment of 
SEK 6,000,000 (£438,000).


For further information, please contact:

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