Change of Adviser

Embargoed: 0700hrs, 23 February 2006

                               CLS HOLDINGS PLC                                

                                (the 'Company')                                

               APPOINTMENT OF FINANCIAL ADVISER AND JOINT BROKER               

The board of CLS Holdings plc is pleased to announce the appointment of NCB
Stockbrokers Limited to act as financial adviser and joint broker to the
Company with immediate effect.

KBC Peel Hunt continues to act as joint broker.

For further information please contact,

CLS Holdings plc

Sten Mortstedt

Tom Thomson

Per Sjoberg

Tel. [phone]

Hansard Communications

Ben Simons

Tel. [phone]

NCB Stockbrokers Limited

Jonathan Cooke

Jonathan Gray

Tel. [phone]