New Letting

CLS Holdings PLC
24 June 2003


Embargoed 0700hrs 24 June 2003


                            CLS HOLDINGS PLC ('CLS')
                 ANNOUNCES NEW LETTING AT BRENT HOUSE, WEMBLEY
                               AT INCREASED RENT


CLS is pleased to announce that Brent House, in Wembley has now been fully let
following an agreement with Capita Group plc who has taken 1,732 sq m (18,647 sq
ft) of office space.


Capita Group plc has taken the entire 8th and 9th floors of Brent House and will
sub-let the 8th floor to the London Borough of Brent.


The lease is for a term expiring in April 2011 with an upward only rent review
in 2008. The initial rent is £212,119 pa (£118.40 per sq m - £11.00 per sq ft).
There is no rent-free period. The rent achieved represents an increase of 33%
over the passing rent payable by the previous tenant, EDS Ltd.


Brent House boasts a mixture of high quality public sector and private sector
tenants with Capita Group plc joining Air France and The London Borough of Brent
as tenants in the property.


Executive Chairman, Sten Mortstedt, said:


'It is particularly satisfying to be able to obtain higher rents on a new
letting in today's market.'


                                     -Ends-


For further information, please contact,

Sten Mortstedt, Executive Chairman                      Tel. [phone]      
Tom Thomson, Vice Chairman & Acting Chief Executive    
Kevin Chapman, UK Property Director                         www.clsholdings.com
CLS Holdings plc

Adam Reynolds / Ben Simons                              
Hansard Communications                                  Tel. [phone]



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