Increased Investment in Technology Stocks

CLS Holdings PLC
30 March 2000



CLS PARTNERS ANNOUNCES INCREASED INVESTMENT IN TECHNOLOGY STOCKS

CLS Capital Partners (a wholly owned investment subsidiary of CLS Holdings PLC)
is pleased to announce that the Company's portfolio of technology stocks has
increased through further investment totalling £0.5 million in the following
companies:

 Unlisted Companies  Country   Activity
 ------------------  -------   --------
 Autoo.com           Sweden    Car Sales through the internet
     
 Menuonline.com      Sweden    Restaurant booking service through the internet

 Power Channel*       UK       Access providers to the internet via TV

 * This share purchase is in addition to the original investment

Executive Chairman, Sten Mortstedt, said:

'I believe these are investments in companies with innovative products that will
produce strong growth and show a good return in the future'.


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