Trading Statement

Release date: 22 January 2015

Embargoed until: 07:00

CLS Holdings plc

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

Trading Statement

CLS Holdings plc announces that it expects its financial results for the year ended 31 December 2014 to be materially ahead of current market forecasts. This is primarily due to a significant increase in the values of the Group's London property portfolio.

The Company expects to announce its results for the year ended 31 December 2014 on Wednesday 4 March 2015.

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For further information, please contact:

CLS Holdings plc +44 (0)20 7582 7766

www.clsholdings.com

Sten Mortstedt, Executive Chairman

Henry Klotz, Executive Vice Chairman

Fredrik Widlund, Chief Executive Officer

John Whiteley, Chief Financial Officer

Liberum Capital Limited +44 (0)20 3100 2222

Tom Fyson

Charles Stanley Securities +44 (0)20 7149 6000

Russell Cook

Kinmont Limited +44 (0)20 7087 9100

Jonathan Gray

Smithfield Consultants (Financial PR) +44 (0)20 7903 0669

Alex Simmons