CLI Cls Holdings Plc

RNS Number:9007V
CLS Holdings PLC
15 December 2000


LETTER TO: CLS Holdings PLC
Dated 14 December 2000

Re: S.198 Companies Act 1985: as amended by The Disclosure of Interest in
    Shares (Amendment) Regulations 1993

In accordance with the Companies Act 1985, (as amended) I write to notify you
that Phillips & Drew Life Limited has an interest in 3,270,456 ord 25p shares
of the Company. This represents 3.02% of the issued share capital of the
Company.

Below is a list of the Registered holders.

Phillips & Drew Life Limited is a subsidiary of UBS Asset Management Holding
(No.2) Limited which is also treated as having an interest in the above shares. 
We are authorised to make this aggregate disclosure on behalf of UBS Asset
Management Holding (No.2) Limited the registered address of which is:

                   Triton Court
                   14 Finsbury Square
                   London EC2A 1PD

LETTER FROM: PHILLIPS & DREW FUND MANAGEMENT LIMITED


                       CLS HOLDINGS PLC

              Total Issued Share Capital - 108,023,651

Name                                                  Quantity
PHILDREW NOMINEES LIMITED            A/C LF09         320,626
PHILDREW NOMINEES LIMITED            A/C LF20       2,949,830
                                                     ---------
                                                    3,270,456
                                                     ---------
                                                        3.02%

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