Letting Agreements

Release date: 2nd May 2006

Embargoed until: 07:00

                               CLS HOLDINGS PLC                                

                    FURTHER LETTINGS IN SOLNA BUSINESS PARK                    

The Board of CLS Holdings plc ("CLS") is pleased to announce that Solna
Business Park has signed a further four leases for an aggregate of 17,377 sq m
(187,000 sq ft) at a total annual rent of SEK 32,066,500 (£2,393,000),
increasing the occupancy rate to 94% from 84%.

The largest letting is the EDB building, where EDB Business Partner Sverige AB
has opened a new head office for their Swedish operation. EDB is one of the
leading IT groups in Scandinavia and employs 1,300 people in Sweden.

This letting at Sliparen 2 comprises 14,750 sq m (157,382 sq ft) and 206 car
parking spaces, with an option of a further 2,000 sq m (21,340 sq ft) from 1st
December 2006. The lease is for a term of 10 years with a break option for EDB
after 6 years.

"The reason for EDB choosing Solna Business Park is the good geographical
location, the first class communications, the proximity to Arlanda Airport and
Stockholm city and the variety and quality of services in the area. In
addition, EDB would be able to grow naturally in the building during the
expansion phase in which the company at present finds itself," says Arne Roglar
of Struktur Svenska Kontor, who has been the tenant's agent in the search for
premises.

The other three lettings are:

Itella AB, comprising 1,290 sq m (13,764 sq ft) in Fräsaren 12 from 1st
September 2006 for a term of 5 ½ years. Itella AB is owned by Finnish Post and
delivers outsourcing within IT logistics.

OLW produces and sells snacks and is part of the Norwegian group Orkla. They
moved into Smeden 1 on 1st April 2006 on a 6-year lease for 789 sq m (8,418 sq
ft).

Stadium Promotions AB moved into Smeden 1 on 1st April 2006 on a 6-year lease
for 548 sq m (5,847 sq ft). Stadium Promotions, a subsidiary of Stadium AB, is
active in the area of campaigning and profiling products for companies and
organisations.

Executive Chairman in CLS, Sten Mortstedt, commented:

"We welcome our new tenants warmly. It is a pleasure to know that companies
from different sectors appreciate our concept in Solna Business Park and our
location and chose to rent premises with us in today's competitive office
market in Greater Stockholm. An inviting exterior, flexible accommodation,
P-marked (environment marked) buildings combined with good communications and a
large number of services all add up to making Solna Business Park attractive to
the market. Our vacancy rate is now only 6 percent and is expected to decrease
further in the near future."

                                    -ends-                                     

For further information, please contact:

Sten Mortstedt, Executive Chairman

Per Sjöberg, Chief Executive Officer

Dan Bäverstam, Chief Financial Officer

CLS Holdings plc

www.clsholdings.com

Tel. [phone]

Adam Reynolds/Ben Simons

Hansard Communications

Tel. [phone]