Change of Joint Corporate Broker

17 October 2012

CLS Holdings plc

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

Change of Joint Corporate Broker

CLS Holdings plc, the property investment company, is pleased to announce that it has appointed Charles Stanley Securities as its joint corporate broker alongside Liberum Capital Limited, with immediate effect.

Richard Tice, Chief Executive Officer of CLS, commented:

"We are delighted to announce this appointment of Charles Stanley Securities as joint broker which continues our strategy to increase CLS's visibility and raise the Company's profile with specialist institutional and retail investors."

Enquiries:

CLS Holdings plc +44 (0)20 7582 7766

www.clsholdings.com

Sten Mortstedt, Executive Chairman

Henry Klotz, Executive Vice Chairman

Richard Tice, Chief Executive Officer

Charles Stanley Securities

Mark Taylor +44 (0)20 7149 6000

Hugh Rich

Smithfield +44 (0)20 7903 0669

Alex Simmons