Cascadia Investments, Inc. Releases Letter to Shareholders

  Mr. Maherali, President and Chief Executive
Officer of Cascadia Investments, Inc. (PINKSHEETS: CDIV), today released
the following to shareholders.

To Our Shareholders:

In keeping with our commitment to communicate regularly with our shareholders, we believed it to be a good time to offer a review of the past and current market conditions and a look forward to the New Year.

The real estate sector as a whole has had a very rough year with the recent events in the financial markets and experts believe that there is still downside risk as we progress into the New Year, especially in commercial and high end residential real estate.

As far as the rental real estate sector is concerned, which is the area that we focus on, we believe that the market is stabilizing and we are starting to see capitalization rates coming back in line to historical averages.

With this in mind we welcome the New Year with cautious optimization as it relates to our local housing market and specifically to our rental market, where we should see a decrease of rental stock and upward pressure on rental rates.

Our main focus in 2009 will be to increase our pace of acquisitions and revenue growth, which should reflect positively on our stock price and we will also be looking at moving to a senior exchange, which should also be beneficial.

In conclusion, I want to take this opportunity to thanks all of our shareholders for their patience and support and hope the New Year brings happiness and prosperity.

About Cascadia Investments, Inc.

Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

Free Trading Float 22,025,550; Shares Restricted 97,375,000; Outstanding Shares 119,400,500; Authorized Shares 200,000,000

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact: Cascadia Investments, Inc. Tel: [phone] www.cascadiainvestmentsinc.com