Result of AGM

1 July 2009

                           GSC Property Holdings plc                           

                            Annual General Meeting                             

GSC Property Holdings plc, the PLUS-quoted property investment company, held
its Annual General Meeting on Tuesday 30th June 2009. All resolutions were
passed by the shareholders.

For further information please contact:

Mark Rubin, Chief Executive 01702 293300

Jonathan Williams, Bishop Fleming (Corporate Adviser) 0117 9100 250

Anthony Spiro, Spiro Financial (Press and investors) 020 8336 6196

The Directors of GSC Property Holdings plc accept responsibility for this
announcement.

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GSC Property Holdings specialises in commercial property investment in the UK.

The company's strategy is to spread risk through building a diverse portfolio
to minimise exposure to any single end use or geographical area. Our objective
is to add maximum value for shareholders.