Sale of Property

Embargoed release: 07:00hrs Monday 18 February 2008

                           CLS HOLDINGS PLC ("CLS")                            

           ANNOUNCES THE SALE OF VISTA CENTRE, HEATHROW FOR £12.775M           

The Board of CLS is pleased to announce the sale of Vista Centre, Heathrow to
Vista Property Investments Limited. The property was sold for £12.775m
representing an initial yield of 7.4%.

Vista Centre provides 102,345 sq ft (9,508 sqm) of multi-let offices together
with a restaurant, gymnasium and swimming pool on a 5.5 acre site. Tenants
include The Metropolitan Police, Airline Business and a business centre.

CLS acquired the property in 1995 for £10.8m when the entire building was let
to Hoechst. In 1999 the tenant paid £8m to be released from its lease and the
building was refurbished and the leisure facilities added. The sale represents
a 5.3% discount to the June 2007 valuation.

MBH and Vail Williams acted on behalf of CLS and Smith Melzack Pepper Angliss
acted for the purchaser.

Executive Chairman of CLS, Sten Mortstedt, commented:

"We are pleased to have completed the sale of Vista having added value through
the introduction of leisure facilities and having secured the Metropolitan
Police as a tenant."

                                    -Ends-                                     

For further information, please contact:

CLS Holdings plc

Sten Mortstedt, Executive Chairman

Per Sjöberg, Chief Executive Officer

Tel: [phone]

www.clsholdings.com

Hansard Group

Adam Reynolds

Tel: [phone]

www.hansardgroup.co.uk