RNS No 7075m
CLS HOLDINGS PLC                          
9th June 1998


Letter to CLS Holdings plc:

Dear Sirs,

Notification on behalf of Dresdner Bank AG
pursuant to s198_Companies Act 1985 ("the Act)

Kleinwort Benson Group plc ("KB Group") and Dresdner RCM Global Investors
Holdings (UK) Limited ("DRCMH (UK)"), formerly Thornton Management Limited, are
indirect subsidiaries of Dresdner Bank AG ("Dresdner").  The shares in KB Group
and in DRCMH (UK) are held by Dresdner Investments (UK) plc ("Dresdner
Investments"), a wholly-owned direct subsidiary of Zenon Beteiligungs GmbH
("Zenon") which is itself a wholly-owned direct subsidiary of Dresdner.

KB Group is the holding company of Kleinwort Benson Investment Management
Holdings Limited ("KBIMH"), together with its subsidiaries.  DRCMH (UK) is
the holding company of Dresdner RCM Global Investors (UK) Limited (" DRCM
(UK)"), formerly Thornton Investment Management Limited.  As a result of s203(2)
of the Act Dresdner, Dresdner Investments and Zenon are interested in the CLS
Holdings plc ordinary 25p shares in which KBIMH and DRCM (UK), together with
their subsidiaries, are interested.

Following the receipt of stock dividends totalling 591,361 shares we hereby
notify you that the disclosable interest of Dresdner, Dresdner Investments and
Zenon in the share capital of your company now amounts to 19,272,886 shares
representing 16.66% of the issued share capital of 115,638,659 shares, as
advised by your registrars.

The present position in respect of the disclosable interests of the subsidiaries
of Dresdner Investments is as follows:-

Kleinwort Benson (Guernsey) Trustees Limited is interested in 18,701,946 shares
representing 16.17% (previously 15.66%) of the issued capital.

These shares are registered in the following names:

Molaki Inc.                  4,114,398 shares
Orchard Lake Inc.           14,587,548 shares



Kleinwort Benson Channel Islands Limited is interested in 18,701,946 shares
representing 16.17% (previously 15.66%) of the issued capital.

KBIM International Limited, the parent company of Kleinwort Benson Channel
Islands Limited, is interested in 18,701,946 shares representing 16.17%
(previously 15.66%) of the issued capital.

Kleinwort Benson Investment Management Holdings Limited is interested in
18,929,270 shares representing 16.36% (previously 15.85%) of the issued capital.
This company is the parent company of KBIM International Limited and its
interest arises as a result of s203(2) of the Act.

Kleinwort Benson Group plc is interested in 18,929,270 shares representing
16.36% (previously 15.85%) of the issued capital.

Whilst these shares are not beneficially owned by any of the above companies we
are advised that, in certain circumstances, we are required to disclose these
shareholdings pursuant to the Act.

This announcement is made on behalf of Dresdner Bank AG by Kleinwort Benson
Group plc, a wholly owned subsidiary within the Dresdner Bank Group.


Letter from: Kleinwort Benson Group plc

END

HOLSFSFESUAUFEM


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