New Lettings

CLS Holdings PLC
10 April 2002




Embargoed until: 0700hours, 10 April 2002




CLS HOLDINGS PLC ('CLS')
ANNOUNCES NEW PRE-LETTING AT SOLNA BUSINESS PARK,
STOCKHOLM, SWEDEN



The Board of CLS is pleased to announce the completion of a further pre-letting
at Frasaren 11, Solna Business Park.

A total of 775 sq m (8,327 sq ft) of accommodation has been pre-let to Green
Cargo AB at a commencing aggregate annual rent of SEK 1,666,250 (£113,119).
Green Cargo AB, which is owned by the Swedish Government, already occupies 4,150
sq m (44,592 sq ft) at the building.

The premises now let form part of the fifth floor at Frasaren 11.  The initial
annual rent achieved is SEK 2,150 per sq m (146 per sq ft).

The lease is for a fixed period of seven years and one month from 1 September
2002 with an option for a three year extension at its expiry in September 2009.
The rent is subject to annual indexation from 1 January 2003, based on a figure
of SEK 1,336,875 (£90,757) to reflect any increase in the Swedish equivalent of
the Retail Price Index based at the figure in October 2001.

Pre-lettings of this building now account for over 10,950 sq m (117,657 sq ft),
representing 30.3% of its net lettable area.





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For further information, please contact:

Sten Mortstedt, Executive Chairman
Tom Thomson, Vice Chairman & Acting Chief Executive
CLS Holdings plc
www.clsholdings.com
Tel : [phone]

Adam Reynolds/Takki Sulaiman
Hansard Communications
www.hansardcommunications.com
Tel : [phone]





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