CLI Cls Holdings Plc

RNS Number:7556D
CLS Holdings PLC
17 May 2001

 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 ("CLS" or "the Company")

   Proposed purchase of up to 1,959,211 ordinary shares of 25p each in the
            Company by way of a tender offer (the "Tender Offer")


                         Closure of the Tender Offer


The board of CLS is pleased to confirm that the Company's recent Tender Offer,
as described in the Tender Offer document dated 20 April 2001, is now closed,
having received acceptance for the Tender Offer in full by its shareholders.
CLS's issued share capital following cancellation of 1,959,211 ordinary shares
under the Tender Offer will stand at 106,918,493 ordinary shares.




Enquiries:

CLS Holdings plc
Sten Mortstedt           Executive Chairman              020 7582 7766
Glyn Hirsch              Chief Executive                 020 7582 7766

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