Director Shareholding

CLS Holdings PLC
25 November 2004


                        CLS Holdings plc ('the Company')

Pursuant to the Company's tender offer dated 22 October 2004, on 22 November
2004 the directors of the Company listed in column one below sold those number
of shares set out against their name in column two below at 390 pence per share
and are now interested in the number of shares set out against their name in
column three below:

Director    Number of Ordinary Shares of 25     Total Holding of Ordinary Shares
            pence each sold pursuant to Tender  of 25 pence each following
            Offer                               sale

D M Baverstam                           2,794                          142,513
S F Board                               1,499                           76,491
J F Dean                                  484                           24,685
K R Harris                                156                            8,005
H O T Lundqvist                         1,878                           95,796
B F Mortstedt                         114,642                        5,846,819
S A Mortstedt                         723,687                       36,908,552
P H Sjoberg                                 0                                0
T J Thomson                             2,282                          116,447


The Company's ordinary issued share capital stands at 85,497,177 Ordinary
Shares, of which 1,644,176 Ordinary Shares are currently held by the Company as
treasury shares.



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