Result of Tender Offer

CLS Holdings PLC
14 May 2003

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN




                        CLS Holdings plc ('the Company')






Proposed purchase of up to 3,435,835 ordinary shares of 25p each in the Company
                 by way of a tender offer (the 'Tender Offer')






                         Result of AGM and Tender Offer


At the Annual General Meeting of the Company held at 2.00pm today, all the
resolutions set out in the Tender Offer document and notice of AGM dated 17
April 2003 were duly passed.


The board of CLS is also pleased to confirm that the Company's recent Tender
Offer, as described in the Tender Offer document dated 17 April 2003, is now
closed, having received acceptance for the Tender Offer in full by its
shareholders. CLS's issued share capital following cancellation of 3,435,835
Ordinary Shares under the Tender Offer will stand at 89,331,712 Ordinary Shares.




Enquiries:

CLS Holdings plc
Sten Mortstedt               Executive Chairman                                        020 7582 7766
Tom Thomson                  Vice Chairman and Acting Chief Executive                  020 7582 7766





                      This information is provided by RNS
            The company news service from the London Stock Exchange