No, its not real.
As you can see it's an AutoIT Based File, and it's as easy as hell to modify your SP Clientside with AutoIT.
Just search the Pointer with AutoIT and you are nearly done.
[TUT] THE REAL EXP HACK WITH PIC!!! 08/05/2009 - Grand Chase Philippines - 89 Replies Okay Somebody dont understand and dont believe it then i have a prove and your requested a pic then you go a have a pic i just in case i dont cover it up the name that you will noticed it it work
look first my elisis lvl 60 okay get it
http://i40.tinypic.com/n2e2iu.jpg
step 1 scan you exp bar
http://i43.tinypic.com/azj66a.jpg
step 2 go to pratice use the character which you use in dungeon
http://i44.tinypic.com/11m5bub.jpg
[TUT]Real GP Hack 05/31/2009 - Grand Chase Hacks, Bots, Cheats & Exploits - 1 Replies Scan Type:Exact Value |Value Type:4 Bytes
Scan nyu po !!! ung money nyu tapos... w8 nyu po mtpz ung Scann nyu
EXAMPLE:GP ko is GP1500 Scann ko 1500 Scan Type:Exact Value | Value Type:4 Bytes
Pick Up the First GREEN ADDRESS then Freeze it to 999,999 iTs woRking ^^ :D