RNS No 0033u
CLS HOLDINGS PLC
12 August 1999

Letter to CLS Holdings Plc

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

I refer to my letter informing you that Phillips & Drew Fund Management Limited,
Phillips & Drew Life Limited and their holding company Phillips & Drew Holdings
Limited, (which is also treated as having an interest in the above shares) had
a notifiable interest in the Company.  Phillips & Drew Fund Management Limited,
Phillips & Drew Life Limited and Phillips & Drew Holdings Limited wish to
inform you that they no longer have a notifiable interest in the ord 25p share
capital of the Company.

From Phillips & Drew

END

HOLALLSSTIIVLAA


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