Result of EGM & Tender Offer

CLS Holdings PLC
19 November 2003

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN


                        CLS Holdings plc ('the Company')


Proposed purchase of up to 1,947,645 ordinary shares of 25p each in the Company
                 by way of a tender offer (the 'Tender Offer')

                         Result of EGM and Tender Offer


At the Extraordinary General Meeting of the Company held at 2.00pm today, all
the resolutions set out in the Tender Offer document and notice of EGM dated 23
October 2003 were duly passed. The board of CLS is also pleased to confirm that
the Company's recent Tender Offer, as described in the Tender Offer document
dated 23 October 2003, is now closed, having received acceptance for the Tender
Offer in full by its shareholders. CLS' issued share capital following
cancellation of 1,947,645 Ordinary Shares under the Tender Offer will stand at
87,644,067 Ordinary Shares.

Enquiries:

CLS Holdings plc

Sten Mortstedt     Executive Chairman                              020 7582 7766

Tom Thomson        Vice Chairman and Acting Chief Executive        020 7582 7766


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