CLS Holdings plc : Deletion from EPRA Index

03/19/2012| 09:21am US/Eastern

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CLS Holdings plc

("CLS" or the "Company")

Deletion from EMEA Region of the FTSE EPRA/NAREIT Global Real Estate Index

With effect from today, CLS Holdings plc has been deleted from the EMEA Region of the FTSE EPRA/NAREIT Global Real Estate Index (the "Index"). The deletion has been made on the basis that the shares in CLS failed the liquidity test of the Index ground rules (the "Ground Rules") used by EPRA for the management of the Index.

In calculating the liquidity test, the Ground Rules have reference only to the shares traded on the London Stock Exchange, and ignore shares traded on all other trading platforms. In the year ended 29 February 2012 to which the liquidity test was applied, of the Company's shares traded, only 65.4% were traded on the London Stock Exchange. Had the Ground Rules been applied to all shares traded, CLS would have passed the liquidity test.

Consequently, the Company has lodged an appeal with EPRA to reinstate CLS to the Index, together with a proposal that the Ground Rules be amended to reflect the fact that other trading platforms now account for a substantial and growing percentage of share trades.

-ENDS-

For further information please contact:

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This press release was issued by CLS Holdings plc and was initially posted at http://www.clsholdings.com/cls/template_cls/modules/regulatorynews_item.jsp?ric=CLSH.L.TK&ref=59691 . It was distributed, unedited and unaltered, by noodls on 2012-03-19 15:18:58 PM. The issuer is solely responsible for the accuracy of the information contained therein.

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