Re Agreement

CLS Holdings PLC
25 November 2002

Embargoed: 0700 hrs, 26 November 2002



                            CLS HOLDINGS PLC ('CLS')
                         ANNOUNCES FURTHER PRE-LETTING
                             AT SOLNA BUSINESS PARK

The Board of CLS is pleased to announce a further pre-letting at Solna Business
Park, Stockholm.

Offices totaling 1,490 sq m (16,038 sq ft) in the extended and newly refurbished
property Frasaren 11 have been let to EuroMaint AB from 1st May 2003 to 30th
September 2008 at an annual headline rent of SEK 2,100 per sq m (£13.69 per sq
ft) plus indexation. Initial rent (following a rent free period of eight months)
is SEK 1,800 per sq m (£11.73 per sq ft), increasing annually on 30th September
by SEK 100 per sq m (£0.65 per sq ft).  EuroMaint AB is a Swedish state-owned
company involved in mechanical engineering and maintenance.

Executive Chairman, Sten Mortstedt, said:

'We welcome EuroMaint AB as a tenant in Solna Business Park. We are very pleased
that 84% of Frasaren 11 is now let. The Solna Business Park concept is proving
highly attractive for both new and existing tenants, with its environmentally
friendly high quality office space and additional facilities such as the gym,
restaurant, hotel and facilities management.'



                                    - ends -


For Further information, please contact,

Sten Mortstedt, Executive Chairman
Dan Baverstam, Chief Financial Officer                Tel. [phone]
CLS Holdings plc
www.clsholdings.com
www.solnabusinesspark.com

Takki Sulaiman, Ben Simons
Hansard Communications                                 Tel. [phone]
                                                            [phone]




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