1st May 2009 15:20
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer CLS HOLDINGS PLC ("CLS")of existing shares to which voting rights areattached:
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issues to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the THE MORTSTEDT FAMILY TRUSTnotification obligation: ESTABLISHED BY STEN MORTSTEDT4. Full name of shareholder(s) (ifdifferentfrom 3.):5. Date of the transaction and date on 30 April 2009which the threshold is crossed orreached:6. Date on which issuer notified: 30 April 20097. Threshold(s) that is/are crossed or
51%reached:8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous Resulting situation aftershares to the Triggering the triggering transaction transaction if possibleusingthe ISIN CODE Number Number Number Number of % of voting of of of shares voting rights Shares Voting rights Rights Direct Direct Indirect Direct IndirectORDINARY 24,060,152 50.1% 24,757,627 24,757,627
51.55% GB0001592475 B: Financial Instruments
Resulting situation after the triggering transaction Number of voting
% of voting
Type of financial Expiration Exercise/ Conversion rights that may be
rights instrument date Period/ Date acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights24,757,627 51.55%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Proxy Voting:10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information:14. Contact name: JESSICA STROMSTEDT15. Contact telephone number: +41 81 252 55 47
vendorRelated Shares:
CLS Holdings