MURRIETA, CA–(EMWNews – August 11, 2008) – Green Globe International, Inc. (OTCBB: GGLB),

which owns the Green Globe brand, the premier international green brand

focused on sustainability and carbon neutrality programs, today issued the

August 2008 edition of the company’s investor newsletter, which highlights

the recent announcement of a sustainability services agreement with the

Estoril Congress Center and the receipt of revenues from the contract.

The August 2008 newsletter has been added to the Green Globe International

website at http://www.greenglobeint.com/articles/1, and a notice of the

newsletter’s release has been distributed to subscribers of the company’s

website-based mailing list.

In addition to the agreement with the Estoril Congress Center and the

revenues discussion from Green Globe International CEO Steven R. Peacock,

the newsletter also includes an article on management changes for the

company’s Global Travel Exchange subsidiary. The changes include the

appointment of a new president and two new Board members.

“Due to the importance of the first revenues developed from Green Globe

International’s sustainability services package, we are pleased to include

our recent discussion of revenues in the August 2008 newsletter,” stated

Mr. Peacock. “While the Estoril contract is just the beginning and only

one facet of our larger business strategy, it is an important milestone

that we expect to build upon in the European market, as well as in the

conference and event facilities space. We look forward to additional

future announcements of contracts, including Green Globe International’s

comprehensive Sustainability and Carbon Neutrality Plans, which have been

targeted for destinations including Caribbean island nations.”

The World Travel and Tourism Council (WTTC) established Green Globe in 1992

as a response to the United Nations Rio de Janeiro Earth Summit, where 182

Heads of State endorsed the Agenda 21 principles of Sustainable

Development. Green Globe is the only international sustainability program

based on Agenda 21 principles.

Green Globe International (www.greenglobeint.com) encourages all

shareholders and others interested in following the progress of the company

to subscribe to receive email alerts whenever new information is made

public. To subscribe, please visit

http://www.greenglobeint.com/stayconnected/email/.

About Green Globe International, Inc.

Green Globe International, Inc. is the majority owner of Green Globe, Ltd.,

a British company that owns the Green Globe brand, the premier

international brand for sustainable travel, tourism and related green

businesses. Green Globe’s worldwide network extends across 30 countries.

For information on Green Globe’s benchmarking and certification please

visit http://www.ec3global.com/products-programs/green-globe/Default.aspx.

For more information on Green Globe International, please visit

www.greenglobeint.com.

Safe Harbor Statement

This release contains forward-looking statements with respect to the

results of operations and business of Green Globe International, Inc.,

which involves risks and uncertainties. The Company’s actual future results

could materially differ from those discussed. The Company intends that such

statements about the Company’s future expectations, including future

revenues and earnings, and all other forward-looking statements be subject

to the “Safe Harbors” provision of the Private Securities Litigation Reform

Act of 1995.