VANCOUVER–(June 7, 2011) – China Select Capital Partners Capital Ltd.
(TSX:CH) announces that on June 3, 2011, it acquired ownership of 1,000,000
common shares (the “shares”) of You On Demand Holdings (“CBBD”).

You On Demand Holdings, Inc. (OTC BB: CBBD) provides pay-per-view and video
on demand premium content and programming services in China. The company
intends to offer movies to customers through its near video on demand, video
on demand, and subscription video on demand services. It also operates a
portfolio of businesses, including alliances with media operators,
end-to-end content delivery, exclusive billing solution, governmental
partnerships and approvals, and value added services. The company was
formerly known as China Broadband, Inc. and changed its name to YOU On
Demand Holdings, Inc. in February 2011. YOU On Demand Holdings, Inc. is
headquartered in New York, New York.

All securities issued by You On Demand Holdings pursuant to the combined
offerings have been issued subject to a six-month hold period.

This transaction was made for investment purposes and China Select could
increase or decrease its investment in CBBD depending on market conditions
or any other relevant factor