Withdrawal from Market

30 November 2012

GSC Property Holdings plc

Withdrawal from ISDX Market

Notice is given of an Extraordinary General Meeting of the Company to be held
on Monday 3rd December 2012 at 9.00am at the offices of Jefferies Essex LLP,
3rd Floor Dencora Court, Tylers Avenue, Southend on Sea, Essex SS1 2BB.

The purpose of the meeting is to vote on the proposal to delist shares from
trading on the ISDX (formerly PLUS) market. The cost of listing has now become
an expense that your Directors no longer feel is justified.

90% of the Shareholders have given undertakings that they will be voting in
favour of the resolution and the same Shareholders have already consented to
short Notice of the meeting being held.

The intention is that the Company ends its listing 10 working days after the
General Meeting, or earlier if so agreed with the ISDX Market.

Following this there will no formal exchange for sale or transfer of Company
shares, but the Company's directors will maintain a register of individual
shareholders that wish to sell their shares and will be prepared to pass
details on to any shareholder or prospective shareholder that wishes to buy
shares. The directors will not participate in any pricing, negotiation or
valuation of such transactions.

For further information please contact:

Mark Rubin, Chief Executive 01702 293300

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

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