CLS Holdings Regulatory News (CLI)

30 Jan 2008 10:36

TR-1: notification of major interests in shares CLS Holdings Plc 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued 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 AXA S.A, 25 Avenue notification obligation: Matignon, 75008 Paris and its group of companies 4. Full name of shareholder(s) (if different n/a from 3.): 5. Date of the transaction (and date on which 28/01/2008 the threshold is crossed or reached if different): 6. Date on which issuer notified: 29/01/2008 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares

Class/ Situation previous Resulting situation after the triggering type of to the triggering transaction

shares transaction (if Number of Number of Number Number of voting % of voting rights possible Shares Voting of rights using the Rights shares ISIN CODE) Direct Direct Indirect Direct Indirect

0159247 3,533,764 3,533,764 415,477 415,477 2,954,198 0.61 4.36 B: Financial Instruments Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting % of voting financial date Conversion Period/ rights that may be rights instrument Date acquired if the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 3,369,675 4.97%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Name of the Company/Fund Number of Shares % of issued share capital AXA Rosenberg 102,594 0.15147 Direct AXA UK Investment Co ICVC 83,803 0.12372 UK Smaller Companies Fund Indirect AXA Rosenberg 77,345 0.11419 Direct AXA Colonia Konzern 119,487 0.17641 Direct AXA France 111,689 0.16489 Indirect AXA Rosenberg 624,895 0.92257 Indirect Sun Life Pensions Management 3,000 0.00443 Ltd Direct Sun Life Unit Assurance Ltd 9,064 0.01338 FTSE All Share Tracker Direct Sun Life Pensions Management 47,745 0.07049 FTSE All Share Tracker Direct AXA Framlington 165,554 0.24442 Xerox Final Salary Pension Scheme Indirect AXA Framlington 111,677 0.16488

Islington Group Pension Scheme

Indirect AXA Framlington 220,000 0.32480 SEI UK Equity Indirect AXA Framlington 1,050,000 1.55018 Throgmorton Trust Indirect AXA Framlington 425,000 0.62746 UK Smaller Companies Indirect AXA Framlington 113,883 0.16813

BAE Systems Pensions Fund CIF

Trustees Indirect AXA Framlington 47,697 0.07042

BAE Systems 2000 Pensions Fund

Indirect AXA Sun Life With Profits 34,676 0.05119 Passive Direct AXA Sun Life With Profits 21,566 0.03184 Passive Direct Total Direct 415,477 0.61340 Total Indirect 2,954,198 4.36148 TOTAL 3,369,675 4.97487 Proxy Voting:

10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to N/A hold: 12. Date on which proxy holder will cease to hold N/A

voting rights: 13. Additional information: 14. Contact name: Terry Marsh AXA Investment Managers 15. Contact telephone number: 020 7003 2637