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Completion of Sale: Solna Business Park

23rd Aug 2006 07:00

Release date: 23rd August 2006Embargoed until: 07:00 CLS HOLDINGS PLC ("CLS") ANNOUNCES COMPLETION OF THE SALE OF SOLNA BUSINESS PARK, STOCKHOLM The Board of CLS is pleased to announce that completion has now taken place inrespect of the sale of Solna Business Park to Fabege AB. The sale was completedon 21st August 2006 on terms presented in our announcement on 26th June 2006.Executive Chairman of CLS, Sten Mortstedt, commented:"I am pleased with the Solna Business Park transaction. It was bought as a rundown semi-industrial estate and has since been converted into a prime businesslocation. CLS has proven that it had the right vision and management toimplement the changes and has, through the sale, now capitalised on thefinancial rewards." -ends- For further information, please contact:Sten Mortstedt, Executive ChairmanPer SjĦberg, Chief Executive OfficerCLS Holdings plcTel. +44 (0)20 7582 7766www.clsholdings.comENDCLS HOLDINGS PLC

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