TIDMCLI 
 
23 March 2010 
 
  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, INTO ANY 
 JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS 
                             OF SUCH JURISDICTION 
 
                               CLS Holdings plc 
 
                           ("CLS" or the "Company") 
 
        Proposed purchase of 1 in every 48 Ordinary Shares of 25p each 
 
           in the Company ("Ordinary Shares") at 600 pence per share 
 
               by way of a tender offer (the "Tender Offer") and 
 
                           Notice of General Meeting 
 
On 11 March 2010, the Board of CLS announced in its Annual Report for the year 
ended 31 December 2009 that the Company intended to purchase 1 in every 42 
Ordinary Shares by way of a tender offer at 525p per share. Since then, the 
Company's average share price has risen such that the Board has determined to 
amend the ratio and price to 1 in every 48 Ordinary Shares at 600p per share. 
 
CLS is today posting a circular to shareholders in relation to the Tender Offer 
on the terms set out above. If the maximum number of 1,004,817 Ordinary Shares 
under the Tender Offer is acquired, this will result in an amount just 
exceeding GBP6 million being paid by the Company to participating shareholders. 
 
The Tender Offer is open to all shareholders on the Company's register at 
5.00pm on 7 April 2010, who may participate by tendering all or a proportion of 
their holdings of Ordinary Shares at the above price. No Ordinary Shares will 
be purchased in relation to the Tender Offer unless the relevant resolution to 
be proposed at the general meeting of the Company to be held on 8 April 2010 
(the 'GM') is passed. The Tender Offer will be void if less than 0.1 per cent. 
of the issued ordinary share capital of the Company (excluding treasury shares) 
in aggregate is tendered. The Ordinary Shares purchased under the Tender Offer 
will be cancelled. 
 
Copies of the Tender Offer circular, tender form and form of proxy will be 
submitted to the UK Listing Authority, and will shortly be available for 
inspection at the UK Listing Authority's Document Viewing Facility, which is 
situated at: 
 
Financial Services Authority 
 
25 The North Colonnade 
 
Canary Wharf 
 
London E14 5HS 
 
Tel No: (0)20 7066 1000 
 
Full details of the Tender Offer are contained in circular which will shortly 
be available on the CLS website along with the form of proxy at 
www.clsholdings.com, in the Investor Relations section under Financial Reports. 
Copies of the documents may also be obtained from the Company Secretary. 
 
Enquiries: 
 
CLS Holdings plc 
 
David Fuller 
 
Tel No: +44 (0)20 7582 7766 
 
Kinmont Limited 
 
Jonathan Gray 
 
Tel No: +44 (0)20 7087 9100 
 
Kinmont Limited is advising CLS in relation to the Tender Offer and no one else 
and will not be responsible to anyone other than CLS for providing the 
protections afforded to the customers of Kinmont Limited nor for providing any 
advice in relation to the Tender Offer. 
 
This announcement, which has been issued by the Company and is the sole 
responsibility of the Company, has been approved only for the purposes of 
Section 21 of the Financial Services and Markets Act 2000 of the United Kingdom 
by Kinmont Limited, 5 Clifford Street, London W1S 2LG, a firm which is 
authorised and regulated in the United Kingdom by the Financial Services 
Authority. 
 
 
 
END
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