Transaction in Own Shares

16 Nov 2007 15:10

CLS Holdings plc (the `Company') Transaction in Own Shares

The Company announces that, pursuant to its general authority by shareholders of the Company on 22 May 2007 to make market purchases of its own shares, the Company acquired 1,163,140 Ordinary shares on 16 November 2007 at an average price of 4.0061 pence per Ordinary share, with the highest price of 414.21 pence and the lowest price of 400 pence. The purchased shares will be cancelled.

Following the above transactions the Company now holds 7,109,279 Ordinary shares as treasury shares and the total number of Ordinary shares in issue, excluding shares held as treasury shares, is 69,288,852. Therefore the total number of voting rights in CLS Holdings plc is 69,288,852.

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Enquiries:

Sten Mortstedt, Executive Chairman 020 7582 7766

Per SjĦberg, Chief Executive Officer 020 7582 7766

Date: 16 November 2007