NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
US.

URBAN SELECT SHAREHOLDER APPROVAL AND TSX-V CONDITIONAL APPROVAL OF PLAN OF
ARRANGEMENT

Urban Select Capital Corp. (“Urban Select” or the “Company”) (TSX.V:CH)
announces that the Company has received unanimous shareholder approval of
its previously announced Plan of Arrangement. In addition, the Company
announces that it has received conditional approval of the Plan of
Arrangement from the TSX Venture Exchange and has received a Final Order
from the Supreme Court of British Columbia approving the Arrangement.
Further information regarding the Plan of Arrangement can be found in the
Company’s Information Circular at www.sedar.com.