diff --git a/project/msvc/README.txt b/project/msvc/README.txt
index bc7b7da9..9d21ff3b 100644
--- a/project/msvc/README.txt
+++ b/project/msvc/README.txt
@@ -5,6 +5,7 @@ in directories :
   ..\..\..\..\SDL-1.2.15
   ..\..\..\..\SDL_image-1.2.12
   ..\..\..\..\lua
+Edit the file libraries.props to set the correct paths for your configuration.
 
 That is, if grafX2 sources are in C:\stuff\code\grafX2
 Visual studio project files are in C:\stuff\code\grafX2\project\msvc
diff --git a/project/msvc/grafx2-win32.vcxproj b/project/msvc/grafx2-win32.vcxproj
index f990c4dc..25cdf9b5 100644
--- a/project/msvc/grafx2-win32.vcxproj
+++ b/project/msvc/grafx2-win32.vcxproj
@@ -14,6 +14,7 @@
     <ProjectGuid>{34A001FF-927D-4E09-BE4A-F5D1C4AF39C6}</ProjectGuid>
     <RootNamespace>grafx2win32</RootNamespace>
   </PropertyGroup>
+  <Import Project="$(SolutionDir)\libraries.props" />
   <Import Project="$(VCTargetsPath)\Microsoft.Cpp.Default.props" />
   <PropertyGroup Condition="'$(Configuration)|$(Platform)'=='Debug|Win32'" Label="Configuration">
     <ConfigurationType>Application</ConfigurationType>
@@ -52,10 +53,12 @@
       <Optimization>Disabled</Optimization>
       <PreprocessorDefinitions>NOTTF;__ENABLE_LUA__;_CRT_SECURE_NO_WARNINGS;_USE_MATH_DEFINES;WIN32;_DEBUG;%(PreprocessorDefinitions)</PreprocessorDefinitions>
       <DisableSpecificWarnings>4244</DisableSpecificWarnings>
-      <AdditionalIncludeDirectories>..\..\..\..\lpng1634;..\..\..\..\lua\include;%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
+      <AdditionalIncludeDirectories>$(PNGIncDir);$(LuaIncDir);%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
     </ClCompile>
     <Link>
       <GenerateDebugInformation>true</GenerateDebugInformation>
+      <AdditionalDependencies>lua53.lib;libpng16.lib;%(AdditionalDependencies)</AdditionalDependencies>
+      <AdditionalLibraryDirectories>$(PNGLibDir);$(LuaLibDir);%(AdditionalLibraryDirectories)</AdditionalLibraryDirectories>
     </Link>
   </ItemDefinitionGroup>
   <ItemDefinitionGroup Condition="'$(Configuration)|$(Platform)'=='Release|Win32'">
@@ -66,12 +69,14 @@
       <IntrinsicFunctions>true</IntrinsicFunctions>
       <PreprocessorDefinitions>NOTTF;__ENABLE_LUA__;_CRT_SECURE_NO_WARNINGS;_USE_MATH_DEFINES;WIN32;NDEBUG;%(PreprocessorDefinitions)</PreprocessorDefinitions>
       <DisableSpecificWarnings>4244</DisableSpecificWarnings>
-      <AdditionalIncludeDirectories>..\..\..\..\lpng1634;..\..\..\..\lua\include;%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
+      <AdditionalIncludeDirectories>$(PNGIncDir);$(LuaIncDir);%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
     </ClCompile>
     <Link>
       <GenerateDebugInformation>true</GenerateDebugInformation>
       <EnableCOMDATFolding>true</EnableCOMDATFolding>
       <OptimizeReferences>true</OptimizeReferences>
+      <AdditionalDependencies>lua53.lib;libpng16.lib;%(AdditionalDependencies)</AdditionalDependencies>
+      <AdditionalLibraryDirectories>$(PNGLibDir);$(LuaLibDir);%(AdditionalLibraryDirectories)</AdditionalLibraryDirectories>
     </Link>
   </ItemDefinitionGroup>
   <ItemGroup>
diff --git a/project/msvc/grafx2.vcxproj b/project/msvc/grafx2.vcxproj
index 0162b51a..4a4ced7c 100644
--- a/project/msvc/grafx2.vcxproj
+++ b/project/msvc/grafx2.vcxproj
@@ -15,6 +15,7 @@
     <Keyword>Win32Proj</Keyword>
     <RootNamespace>grafx2</RootNamespace>
   </PropertyGroup>
+  <Import Project="$(SolutionDir)\libraries.props" />
   <Import Project="$(VCTargetsPath)\Microsoft.Cpp.Default.props" />
   <PropertyGroup Condition="'$(Configuration)|$(Platform)'=='Debug|Win32'" Label="Configuration">
     <ConfigurationType>Application</ConfigurationType>
@@ -55,14 +56,14 @@
       <WarningLevel>Level3</WarningLevel>
       <Optimization>Disabled</Optimization>
       <PreprocessorDefinitions>USE_SDL;NOTTF;__ENABLE_LUA__;__no_pnglib__;_CRT_SECURE_NO_WARNINGS;_USE_MATH_DEFINES;WIN32;_DEBUG;_WINDOWS;%(PreprocessorDefinitions)</PreprocessorDefinitions>
-      <AdditionalIncludeDirectories>..\..\..\..\SDL_image-1.2.12\include;..\..\..\..\SDL-1.2.15\include;..\..\..\..\lua\include;%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
+      <AdditionalIncludeDirectories>$(SDLImageIncDir);$(SDLIncDir);$(LuaIncDir);%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
       <DisableSpecificWarnings>4244;%(DisableSpecificWarnings)</DisableSpecificWarnings>
     </ClCompile>
     <Link>
       <SubSystem>Windows</SubSystem>
       <GenerateDebugInformation>true</GenerateDebugInformation>
       <AdditionalDependencies>SDL.lib;SDLmain.lib;SDL_image.lib;lua53.lib;%(AdditionalDependencies)</AdditionalDependencies>
-      <AdditionalLibraryDirectories>..\..\..\..\SDL-1.2.15\lib\x86;..\..\..\..\SDL_image-1.2.12\lib\x86;..\..\..\..\lua;%(AdditionalLibraryDirectories)</AdditionalLibraryDirectories>
+      <AdditionalLibraryDirectories>$(SDLLibDir);$(SDLImageLibDir);$(LuaLibDir);%(AdditionalLibraryDirectories)</AdditionalLibraryDirectories>
     </Link>
   </ItemDefinitionGroup>
   <ItemDefinitionGroup Condition="'$(Configuration)|$(Platform)'=='Release|Win32'">
@@ -74,7 +75,7 @@
       <FunctionLevelLinking>true</FunctionLevelLinking>
       <IntrinsicFunctions>true</IntrinsicFunctions>
       <PreprocessorDefinitions>USE_SDL;NOTTF;__ENABLE_LUA__;__no_pnglib__;_CRT_SECURE_NO_WARNINGS;_USE_MATH_DEFINES;WIN32;NDEBUG;_WINDOWS;%(PreprocessorDefinitions)</PreprocessorDefinitions>
-      <AdditionalIncludeDirectories>..\..\..\..\SDL_image-1.2.12\include;..\..\..\..\SDL-1.2.15\include;..\..\..\..\lua\include;%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
+      <AdditionalIncludeDirectories>$(SDLImageIncDir);$(SDLIncDir);$(LuaIncDir);;%(AdditionalIncludeDirectories)</AdditionalIncludeDirectories>
       <DisableSpecificWarnings>4244;%(DisableSpecificWarnings)</DisableSpecificWarnings>
     </ClCompile>
     <Link>
@@ -83,7 +84,7 @@
       <EnableCOMDATFolding>true</EnableCOMDATFolding>
       <OptimizeReferences>true</OptimizeReferences>
       <AdditionalDependencies>SDL.lib;SDLmain.lib;SDL_image.lib;lua53.lib;%(AdditionalDependencies)</AdditionalDependencies>
-      <AdditionalLibraryDirectories>..\..\..\..\SDL-1.2.15\lib\x86;..\..\..\..\SDL_image-1.2.12\lib\x86;..\..\..\..\lua;%(AdditionalLibraryDirectories)</AdditionalLibraryDirectories>
+      <AdditionalLibraryDirectories>$(SDLLibDir);$(SDLImageLibDir);$(LuaLibDir);%(AdditionalLibraryDirectories)</AdditionalLibraryDirectories>
     </Link>
   </ItemDefinitionGroup>
   <ItemGroup>
diff --git a/project/msvc/libraries.props b/project/msvc/libraries.props
new file mode 100644
index 00000000..92d287dc
--- /dev/null
+++ b/project/msvc/libraries.props
@@ -0,0 +1,14 @@
+<?xml version="1.0" encoding="utf-8"?>
+<Project ToolsVersion="4.0"
+   xmlns="http://schemas.microsoft.com/developer/msbuild/2003">
+  <PropertyGroup Label="Globals">
+    <SDLIncDir>..\..\..\..\SDL-1.2.15\include</SDLIncDir>
+    <SDLLibDir>..\..\..\..\SDL-1.2.15\lib\x86</SDLLibDir>
+    <SDLImageIncDir>..\..\..\..\SDL_image-1.2.12\include</SDLImageIncDir>
+    <SDLImageLibDir>..\..\..\..\SDL_image-1.2.12\lib\x86</SDLImageLibDir>
+    <LuaIncDir>..\..\..\..\lua\include</LuaIncDir>
+    <LuaLibDir>..\..\..\..\lua</LuaLibDir>
+    <PNGIncDir>..\..\..\..\lpng1634</PNGIncDir>
+    <PNGLibDir>..\..\..\..\lpng1634\projects\vstudio\Debug</PNGLibDir>
+  </PropertyGroup>
+</Project>