Dear Shareholders,

The GS Residential Properties (VSTEX: GRP) owns 51% of the shares of Mysth Magazine Fashion Company (VSTEX: MMC) will assume operational control of the MMC.

The MMC will take your logo in the phrase "The GRP Company.

The MMC's headquarters will be transferred to the building of GS Residential Properties.


Sincerely,

Sabbas Mills
GS Residential Properties
CEO

GS Residential Properties (VSTEX:GRP)
Q4 - 2008

Credits :
· Entrance month Out.......................: L$ 356,000
· Entrance month Nov .....................: L$ 536,000
· Entrance month Dec.......................: L$ 251,000
· Received total of in Q4...................: L$1143,000

Debits :
· Debits month Out..........................: L$ 184,000
· Debits month Nov.........................: L$ 336,000
. Debits month Dec..........................: L$ 270,000
· Total of debits ...............................: L$ 790,000

. Q4 Net Profit..................................: L$ 353,000
. Bonus Dividend (4%).....................: L$ 17,650 (Credit in 15/02/09)
. Cash Flow Q4 .................................: L$ 335,350

Sabbas Mills
GS Residential Properties
CEO

GRP - NOTICE - CAPITAL INCREASE

Dear Shareholders,

From next week the GS Residential Properties (VSTEX: GRP) will increase its capital in L $ 450,000.

Priority will be given to our shareholders in this new subscription of shares that will be launched to the value of L $ 1.20.

Sincerely,

Sabbas Mills
CEO

Acquisition of ABA Real State

Dear Shareholders,

The GS Residential Properties acquired 100% of the assets and properties of the ABA Real State for L $ 102,000.

The ABA Real State has a land bank of 30,000 SQM divided into plots of 512 and 1024sqm. With this acquisition the GS Residential Properties consolidates its main activities in the marketing of land.

Further information on our home page or by Suzane Mills in our Press office and attending the Investor.

Sincerely,

Sabbas Mills

CEO

Cash Flow - First Quarter of 2008

We initiate the month of April with a box of L$ 463,089 below we will demonstrate to the flow of box of this month:Credits (Entrance) :

· balance of the month January......................: L$ 215.000
· balance of the month February....................: L$ 224,049
· balance of the month March…...............……: L$ 103,080
· Received total of in First Quarter................: L$ 542,129

Debits (exit) in First Quarter:

· Tier Land Saint Tropez..................................: L$ 36,900
· Tier Land Beach Houses................................: L$ 24,000
· Tier Land Ocean Breeze................................: L$ 30,000
· Rent office of attendance to the Customer…: L$ 1,800
· Wage leaf.........................................................: L$ 25,000
· Total of debits ................................................: L$ 117,700

Cash Flow February......................................: L$ 424,429

Sabbas Mills -CEO

Meeting for sale of the assets and land of the Saint Tropez

Dear Shareholders,

Today there will be a meeting at the headquarters of GS Residential Properties between the CEO Sabbas Mills, the CFO Marcelle Mills and the Directors of Rhawin Group to set the details of the sale of the assets and land of the condominium Saint Tropez.

New room for meetings for Shareholders

Dear Shareholders,

The room for meetings for our shareholders is available in the headquarters of the GS Residential Properties.

To use the room with marked hour it is enough to request a reserve for Suzane Mills.

Regards

Sabbas Mills - CEO

First Meeting of Administration Council

Dear Shareholdings,

We convoke to all for the first meeting of Administration Council to be carried through in this saturday, 29 March - 6 hours (SL).

RSVP - Suzane Mills

Best Regards

Sabbas Mills
GS Residential Properties
CEO

Headquarters of GS Residential Properties

We would like to communicate that the headquarters of the GS Residential Properties were transferred to seventh floor to the Squirrel Tower in:

http://slurl.com/secondlife/Beachwood/191/180/26

Regards

Sabbas Mills
CEO

Council of Administration - 2008/1

Dear Shareholders,

For deliberation of the Direction of the GS Residential Properties is elect the new Council of Administration provisory until the end of the IPO.

As below:

• Ronisu Rotaru : Chairman
• Metz Oconnell : Vice-president for the Council
• Dillian Novi : First Secretary

We will be set appointments, in briefing, the first meeting of 2008 advice.

Best Regards,

Sabbas Mills

GS Residential Properties

CEO