CLS Holdings PLC

Prospectus • Jul 4, 2011

Not for distribution in or to the U.S., Canada, Australia or Japan, or in any other jurisdiction in which such distribution would be prohibited by applicable law.

CLS Holdings plc ("CLS", the "Company" or the "Group")

Publication of Listing Prospectus in Sweden and

first day of trading of unsecured bonds due 2016

Further to the announcement made on 15 April 2011 regarding the Company's SEK 300 million (£29.4 million) issue in Sweden of unsecured bonds due 2016 (the "Bonds"), CLS announces that its prospectus relating to the listing of the Bonds on NASDAQ OMX Stockholm has been approved by the Swedish Financial Supervisory Authority. The first day of trading in the Bonds will be today, 5 July 2011, and NASDAQ OMX Stockholm will later today publish a stock exchange release.

The prospectus is now available on CLS's website, http://www.clsholdings.com and will be made available on the Swedish Financial Supervisory Authority's website, http://www.fi.se.

For further information please contact:

CLS Holdings plc + 44 (0)20 7582 7766 http://www.clsholdings.com Sten Mortstedt, Executive Chairman Henry Klotz, Executive Vice Chairman Richard Tice, Chief Executive Officer