Tender Offer

CLS Holdings PLC
18 April 2001



  CLS Holdings plc ('CLS', or the 'Company') - Proposed purchase of ordinary
shares of 25p each in the Company ('Ordinary Shares') by way of a tender offer
                             (the 'Tender Offer')

On 28 February 2001, the board of CLS announced in its preliminary
announcement of results for the year ended 31 December 2000 that the Company
intends to purchase 1 in every 55 Ordinary Shares by way of a tender offer at
315p per share. The board of CLS today announces that the Tender Offer is open
to all shareholders on the Company's register at the close of business on 17
April 2001. Further details of the Tender Offer (including the posting of a
circular to shareholders in relation to the Tender Offer) will be announced
shortly.

END.